Well according to credit watch FICO score and the explanations that come with them : You have a collection on your credit file that was assigned 7 months ago. 14% of U.S. consumers have evidence of a collection on their credit file and the average time since it was assigned is a little over 2 years ago. SO, IT LOOKS LIKE THE FICO SCORE CONSIDERS THE DATE ASSIGNED, NOT THE DATE OF DELINQUENCY Gee, so even a 7 year old collection account that was reassigned can drop your score like it was a newborn baby. And it doesn't seem illegal because its not reaging, its just reassigning. Thank god its so easy to take them to court on the other violations they commit!