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Member Since: August 2014
The statue of limitations is four years from when the last payment was made on the account. It does not apply to all type of debts. For example a secured loan. However, it should apply to credit card debt.
icouldnotcomeupwithausername's reply was:
The statue of limitations begins from whern you made your last payment. It does not apply to every type of debt, for example secured loans. But for a credit card debt it does. Laws may vary state to state, but in Texas that is how it goes.
icouldnotcomeupwithausername's response was: