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TinyBC

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Account too old?
Just received a call from a collections agency for a Kohl's credit account that had a balance 6 years ago. I have not received any statements in years for this. Supposedly, there is a high balance. The last payment was Feb 2008. Is there any sort of length of time before an account is too old to collect? I don't even know if I really owe anything, since I don't have records dating back 6 years.

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Do a search for Statute of Limitations for Collections (SOL) and find what applies for your state.  Depending on the date of last payment and the statute of limitations for your state, this debt COULD be uncollectable now, and you can inform the collector of that fact. 

Also, get copies of all three credit reports at annualcreditreport.com.  That account will still show if it is not 7.5 years past date of last payment and the report should show what date that account is due to fall off the report.  You also want to ndispute any errors with the reporting credit bureau and make it a habity to check your credit reports every year to be sure all information is correct.

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