Experian Charge-Off First Date Reported Re-Age?

[Careless20sSmart30s]

Need help understanding what would lead to the "first reported" date changing?

Explanation as to what "first reported" means according to Exeprians website.

First Reported
The date when the first account status was reported by the account holder.

Reason I'm asking is because under the online results when Experian "updates" the only thing that changes is the first reported date. The dates stay the same year but the month changes (ie. 7/2012, 8/2012, 9/2012, 10/2012) 

Account in question was charged-off in 2015

Each credit bureau has it's on way of presenting certain infomration, so excuse me if these are dumb questions, but i just can't seem to put my finger on it.

Is this Experians way of showing the FCRA complaince dates?

Am I wrong to assume this is some sort of re-aging?

Why the hell would the first reported date change, That should be a constant, shouldn't it?

Any insight would be greatly appreciated, positive and sarcastic 

FYI... I've tried researching it but there isn't much information besides what i have listed above specifically mentioning the "first date reported" maybe I'm looking in the wrong places

[FireMedic1]

Welcome. Are you talking about a new account added to your reports?

[Careless20sSmart30s]

No this account been on my report since 2012 and it's the OC reporting the account.

[FireMedic1]

That is strange. As long as the DoFD which is the date the fall off clock starts doesnt change on the CO. Now that would be a major re-aging violation. Maybe someone else has an answer to this goofy reporting. Never seen this topic. #HeadScratcher

[Careless20sSmart30s]

Thanks for the reply FireMedic1 Just making sure I'm not losing my mind.

[RobertEG]

The date of first reporting of a delinquency is not the same as the date of first delinquency (DOFD).

A creditor can report a prior delinquemcy at any time after it has occured.

Once they first first report to a CRA, that date is fixed, but it is not a statement of when the debt first became delinquent.

It is simply when they first decided to report that information to the CRA.

Once an account has reported a charge-off, the creditor is then required under FCRA 623(a)(5) to additionally report the date, by month and year, of the date when the debt first became delinquent and remained so up to the taking of the charge-off.

The DOFD is usually not first reported to a CRA when the account first becomes 30-late, and even if it is, the DOFD would be a month prior to the date of the 30-late.

[Careless20sSmart30s]

Thanks RobertEG for your reply. I was hoping you and other like you would chime in.

So the date first reported = The date of first reporting of a delinquency. Makes sense

But what doesn't make sense

Is that this account didn't go deliquent until 2013. The first reported date has changed from 7/2012, 8/2012, 9/2012, 10/2012

That's 1 year before any delinquency appeared on this account. How can they report a date "first reporting a delinquency" 1 year before one occured?

I've attached screenshots of the account reporting. It makes no sense to me. I get the DOFD is the major conponent to re-aging. Prior to the past year the "date first reported" has always stayed constant at 7/2012first reported date changing 2019

[Bkewlbro]

I'd leave sleeping dogs lay unless you plan to setup payment arrangements and follow thru. I had a stimulor thing happen With Wells Fargo (that's actually set to fall off next month for me), but they changed EVERY FP(Failed to Pay) to 120 day late derogs, dropping my score 100 point! Point is, it can get worse! Be carefuly with online disputes unless you're 100% you can have something removed or corrected.

[Careless20sSmart30s]

Bkewlbro Thanks for the reply and appreciate the heads up. Experian post my results online, as well as mail me results. I send all my disputes in through snail mail. 

They sold the account 2 years ago, and i was able to effectively get the CA to remove it's reporting. So the OC can't sue for a debt they no longer own.

I was able to get Equifax and Transunion to delete this account. Experian is the only one its hanging on to, but I'm willing to risk it getting worse to have a chance of it being removed.  

I get what you're saying though and at 1 point I was 100% which is why it was removed from the other 2 bureaus. Now about 50% I've tried every other tactic I've tried in the past that has worked. 

Also, Experian has not investigated this account since 2017 but keeps updating the "date first reported". Wheteher or not this is disputable, a violation or whatever.... is what I'm trying to get a grasp on. 

And yes, I have sent in responses to the stall tactic letters Experian has sent, as well as MOV request and CFPB complaints. I really do not like court rooms and am not trying to even risk it unless it's 100% chance or close that I'll win. In addition, I';m helping firend sand co-workers out with credit repair and this would be useful information to know.