The Statute of Limitations on Credit Card Debt
A little knowledge about the statute of limitations on credit card debt and other types of debt could actually save you money. Did you know that the meter on the statute of limitations for credit card debt starts ticking the day that the debt - or payment on an open ended account - is due? Also, that the statute of limitations for credit card debt has nothing to do with the length of time that a debt remains on your credit report? As a consumer, it is in your best interest to educate yourself on the statute of limitations for credit card debt and other types of debt. Otherwise you may wind up paying debts that you no longer legally owe.
More about consumer credit can be found at ControlCreditCardDebt.com.
Last modified January 13, 2008Author 1820 > has blogged 25 times
