Is this reaging?

[kadampa]

 I had an installment loan with Pioneer Credit that has been charged off. It was first delinquent in 2011. I just received an alert from MyFICO that the account had been updated, and my FICO score dropped 4 points.

 When I look at the Pioneer account, there is only one thing that has changed. It still shows 14 over 120 lates, but the dates of those lates are all from 2015 and 2016, unlike previously reported.

 Isn't this a type of regaging? What should I do?

If this is in the wrong part of the forum, please move it.

[RobertEG]

Reporting of a charge-off does not require that the creditor cease reporting of the level of monthly delinquency.

If you remained delinquent at least at that level, it would be accurate.

Improper reaging usually refers to the reporting of a later, inaccurate DOFD in order to extend the time until exclusion of a collection or charge-off.

[kadampa]

If this is true, then they can continue to report me 120 days late indefinitely and never let it drop off, right? Or am I missing something?

[RobertEG]

Monthly delinquencies are excluded no later than 7 years from their date of occurence, so the older delinquencies would be excluded when required.

Most creditors do not continue to report monthly delinquencies indefinately, but the question was whether they can.