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Re: Please help. California SOL on credit card account?


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Posted by Ryan on May 26, 2001 at 23:57:50:

In Reply to: Please help. California SOL on credit card account? posted by Joe on May 18, 2001 at 05:19:13:

Statute of limitations varies from state to state. However, under the new FCRA, an account will stay on your report for 7 years from the date your account first went delinquent which caused the charge-off. So if you pay a debt 6 years after it originally goes delinquent, then it will only remain on your report for one more year.




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