Statute of limitations apply to crimes and civil law suits. Civilian credit reports are typically limited to seven years by consumer protection laws.
The statute of limitations for debts reported on your credit report is 7 1/2 years.
There is no statute of limitations associated with credit reports. However, any information that is more than 7 years old should be removed from the report.
Depending on your state's Statute of Limitations, it may be on your credit report for at least 7 years.
There is no statute of limitations on a judgment. The only way a judgment can be satisfied is to pay the debt and then it will be removed from your credit report.
There is no statute of limitations in disputing information on your credit report. If it is being reported, it can be disputed. Simple enough! ;o)
No, it is illegal, and if you are a victim of this, you can have it removed from your credit report by disputing it with the bureaus. After the statute of limitations is up on any trade line, it can not be placed back on your credit report.
Being disabled does not exempt a person from FRCA laws.
First you have to pay off your loans in cash if you want to quickly remove your credit report first. Besides this you may contact a good credit repair company.
The statute of limitations on credit card debt for Massachusetts is 6 years according the website I found. (http://www.creditinfocenter.com/rebuild/statuteLimitations.shtm) NOTE that this is different from what will be reported on your credit report. In any case, if you do not pay what you owe, your score and ability to borrow will be low for a longer period of time.
No, only making a payment, promising to make a payment, or providing a letter of reaffirmation of the debt can reset the statue of limitations.
How can I get a lien removed from my credit report what is the statute of limitation law?
20 years. Based on this page: http://www.creditrepairkitsoftware.com/jugdemen.html