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.