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Can a bank chase a loan over ten years old?

Updated: 9/16/2023
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Keithgreen

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14y ago

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Depending on the type of loan it was, there may be no statute of limitations--by law. But, if you never did pay up, then by rights you should make arrangements to pay and follow through with it. That is because you used goods and services and need to pay as agreed. it was a personal loan

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Q: Can a bank chase a loan over ten years old?
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