Re-Age definition
Re-Age means returning a past due account to current status without collecting the total amount of principal, interest, and fees that are contractually due.
Re-Age. ’ means returning a past due ac- count to current status without collecting the total amount of principal, interest, and fees that are contractually due.
Re-Age or “Account Re-aging” means the removal of the Delinquent status of an Account so that no part of the outstanding balance is currently Delinquent, and the Account is then considered current by the System.
More Definitions of Re-Age
Re-Age. ’ means returning a past due ac-
Re-Age debts as a means of coercing consumers to make payments.