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limitations on debts

sigs Rep Points: 505

Posted on November 6, 2007 at 2:30 pm

I am just little frustrated here. Is the 7 or 10 years from the day of deliquency or from the day the account was updated? My credit report has the day of opening the account and then a date of last activity. They seem to be reopening the accounts just before 7 years are up and then starting from that point. Can they do this?

Paris Rep Points: 135

Posted on November 6, 2007 at 2:30 pm

That's interesting that they don't have to take your delinquency off. I guess some things can stay on there forever if they keep opening them back up?

sma Rep Points: 5

Posted on April 6, 2009 at 4:45 am

plm, plm, plm.......