Collections.. Is this illegal??

Hello everyone,  So I was checking my credit score and I noticed a big drop on it. I checked why and it shows that an old debt it reporting again.. What happened is that I sent a PFD to a collection agency and ever since that, they started to report it again. I was hoping to PFD and settle it then waiting another 3 years. I was researching this and I found an interesting article that states: " The Fair Credit Reporting Act (FCRA) requires consumer reporting agencies (also called credit bureaus) to maintain an accurate file of your credit information. The FCRA limits the amount of time that negative information can appear on your credit report. Generally, a delinquent account can show up on your credit report for up to seven years from the time your first delinquent payment was originally due on the account. If a judgment was taken against you on the old debt, it may also be reported for up to seven years from the date of judgment. For more information, see Nolo's article How Long Does Negative Information Stay on a Credit Report? Some debt buyers try to get around this law by reporting an old debt as newer than it really is. But by lying about the age of the account is or the date of any delinquency, the debt buyer violates the FCRA. " What are your thoughts? 

CollectPunisher wrote:
Hello everyone,  So I was checking my credit score and I noticed a big drop on it. I checked why and it shows that an old debt it reporting again.. What happened is that I sent a PFD to a collection agency and ever since that, they started to report it again. I was hoping to PFD and settle it then waiting another 3 years. I was researching this and I found an interesting article that states: " The Fair Credit Reporting Act (FCRA) requires consumer reporting agencies (also called credit bureaus) to maintain an accurate file of your credit information. The FCRA limits the amount of time that negative information can appear on your credit report. Generally, a delinquent account can show up on your credit report for up to seven years from the time your first delinquent payment was originally due on the account. If a judgment was taken against you on the old debt, it may also be reported for up to seven years from the date of judgment. For more information, see Nolo's article How Long Does Negative Information Stay on a Credit Report? Some debt buyers try to get around this law by reporting an old debt as newer than it really is. But by lying about the age of the account is or the date of any delinquency, the debt buyer violates the FCRA. " What are your thoughts? To determine if the reporting is allowable we would need to know the DoFD of the account in question. If the time since the DoFD is within the allowable time then the tradeline in question may remain on your credit report until such time as it reaches the maximum allowable time.

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