Changes to Delinquency First Reported Changed By OC…??? HELP

[800goal800]

I've had a charged off account with Chase for years.  Been on a plan with a CA ( they have never reported ). .   Chase updating monthly with a decreasing balance which is fine. 

Got a My Fico alert of a change to an account.  Pulled an annual credit report from today and it now says Delinquency First Reported 7/1/2021 instead of 5/1/2016 as it had been. 
This caused a 15 point drop in Fico 8 and 18 point drop in Fico 5.   Under hurting score, it now shows " 0 " months for recently missed payment - this item has not been in the top 4 for years.  Pix below.
Is this allowed ? Should this be disputed ?

One screen shot is from today's report, the other from Aug 2020.  

[Anonymous]

@800goal800 The date of Delinquency First Reported is irrelevant. What matters is the Date of First Delinquency which is the same on both reports you shared. Cheers!

[800goal800]

@Anonymous 

So you're saying that this change should have had no impact on a score and it was purely coincendental my scores dropped on the same day ? My Fico is now, under " What's Hurting..",  says zero months for most recent missed payments. 

[Anonymous]

@800goal800 I should have stated that it "should" not be affecting your score. I am in no way an expert. But the "clock" should not have restarted because you made a payment. 

[800goal800]

I've been paying monthly for years....it's been reporting monthly for years.

[Conraddj]

same thing happened with my discover and wells fargo CO's they were sitting silent until i disputed them in january 2021 now they re reported as derogatory and a new date of deliquency from 2018 . the account orginally went deliquent in 2015 . my equifax fico 8 shows last missed payment 5 months ago because of the discover account. when i pulled my transunion credit report it says it should fall off by march 2022 so ill just let nature take its course. 

[800goal800]

@Conraddj   I didn't dispute this.  I've been paying monthly and it's been updating monthly. 

[Conraddj]

I was sharing my experience with how the creditor changed the date to make it appear like the account is a new deliquency, in my case it was because of new activity on the account (the dispute). However I think its wrong from them to do this but again i know nothing of how this works. just hear to share and listen to others experiences.

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@800goal800 wrote:

@Conraddj   I didn't dispute this.  I've been paying monthly and it's been updating monthly. 

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[Anonymous]

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@800goal800 wrote:

@Conraddj   I didn't dispute this.  I've been paying monthly and it's been updating monthly. 

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While this does not change the date of first delinquency, in no way does an update *not* impact your scores. An update will absolutely ding your scores whether it be from dispute, payment, gw request, or their simply updating the account or reporting for whatever reason.

There is nothing really to dispute, to do so will cause another new update and ding your scores further, again. As long as you have a blanace and it is derogatory, the creditor can choose to update at any time or not at all, especially since you are making payments, this will continue to happen, as you can not bring this account current until it is paid off, so your most recent late will be whenever they report. If you settled for less or just paid it off, they could no longer update once it settles and your scores could recover. Only other option is ride the updates and score fluctuations until it ages off by 9/2022 and/or you request early exclusion sometime later next year from each bureau.

[800goal800]

@Anonymous 

If an account is being updated monthly already, how can the date of delinquency first reported change which makes it appear new ?
This was the alert received from MF when the score changed   Thx