Discussion in 'Credit Talk' started by alice, Mar 15, 2001.

  1. alice

    alice Guest

    Statute of Limitations (in years)
    Open Acct.: 6
    Written Contract: 6
    Sales (UCC) Contract: 4
    Domestic Judgment: 10 renewable
    Foreign Judgment: 10

    Does this mean they can only report for the six years?
  2. dave

    dave Well-Known Member

    No, the statutue of limitations is the time limit for filing suit and has nothing to do with credit reporting. The periods for reporting are mainly governed by the Fair Credit Reporting Act.

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