April 3, 2008

If Rhyme Was a Charge-off I’d Sell It By The Gram

Filed under: Bad Credit,Credit Reports

What is the statute of limitation for an old delinquent/collection account?

I was under the impression is was 7 years but I still have an account that is listed on my report. 

Love the site by the way!

Carrie

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Hi Carrie,

Credit Reporting Limits & Statute of Limitations and Credit Repair Poetry.

Thanks for the questions, hope this helps, and I’m still not a poet.

Paul

(music)

All right stop, collaborate and listen
Ice is back with my brand new invention
Something grabs a hold of me tightly
Flow like a harpoon daily and nightly
Will it ever stop? Yo–I don’t know
Turn off the charge-off and I’ll glow

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