Student Credit Card and Credit Education Blog

Re-aging is something more and more credit card companies are agreeing to do with their delinquent cardholders. It’s not something they broadcast, but if you ask they may hook you up.

Re-aging is a technique used to clean up your credit history, particularly if you had a brief problem and you’re back in control.

Here’s how it works. Say you’re behind or were behind in your payments by a few months, under the re-aging process the credit card company would agree to wipe away the late payments and fees if you agreed to a new payment amount or agreed to send in a large payment immediately.

Why is it useful? It helps to have those late marks removed from your record because they weigh down your overall FICO score.

You have absolutely nothing to lose by asking.