Can you reage a debt

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1110612

2026-04-30 10:05

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Yes, you can re-age a debt, which involves updating the status of an account to reflect a new payment plan or agreement, often after a period of non-payment. This process can help borrowers avoid negative impacts on their credit score and make it easier to manage their debt. However, re-aging is typically at the discretion of the lender and may require the borrower to meet specific criteria or conditions.

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