Open ended vs Written agreement

Discussion in 'Credit Talk' started by Mr Alan, Dec 8, 2001.

  1. Mr Alan

    Mr Alan Well-Known Member

    Pertaining to the SOL of an unsecured debt, e.g. credit cards, Is a credit card account in Louisiana considered open ended or a written agreement?
     
  2. Mr Alan

    Mr Alan Well-Known Member

    SAYS YOU
     
  3. PsychDoc

    PsychDoc Well-Known Member

    Hi, Mr Alan, another newcomer asked this very question just a few days ago! It's an unusual question; I did a search and found that nobody's ever asked that except for you two.

    The other newcomer who asked used the nickname "?girl" and she asked, "I am trying to find out if credit cards are considered open ended agreements or written contracts in Louisiana, so that I know what the SOL is for this as it is either 3 or 10 years. Thanks in advance."

    Here's the link:

    http://consumers.creditnet.com/straighttalk/board/showthread.php?s=&postid=113899

    In that thread, I posted a few legal discussion board links related to credit. Although I didn't have the answer directly, I hope someone on those boards can point the way.

    Doc

    P.S. Caribe Ent., lol
     
  4. breeze

    breeze Well-Known Member

    I don't think they know, or they would have posted an answer. But I will bump the question up for you, and hope you luck out. :)
     
  5. PsychDoc

    PsychDoc Well-Known Member

    Here are links to those credit-related legal message boards again. The answer is out there somewhere, lol:

    FreeAdvice.com - Credit & Collection:
    http://forum.freeadvice.com/forumdisplay.php?forumid=18

    Findlaw's Message Boards - Credit Cards:
    http://boards.pub.findlaw.com/cgi-bin/WebX.fcgi?230@@.ef05ac5

    Findlaw's Message Boards - Credit Reporting:
    http://boards.pub.findlaw.com/cgi-bin/WebX.fcgi?230@@.ef0e230

    Findlaw's Message Boards - Creditors:
    http://boards.pub.findlaw.com/cgi-bin/WebX.fcgi?230@@.ef05ac1

    Hope this helps.

    Doc
     
  6. Mr Alan

    Mr Alan Well-Known Member

    Thanks, PsychDoc:

    I'm going to try the law school approach first.

    Mr Alan
     
  7. lbrown59

    lbrown59 Well-Known Member

    Whoo U
     

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