Legal Question in Credit and Debt Law in Missouri

Payday Loan question

I received a phone call from a collection agency claiming that I owe for a $100 payday loan I took out in 2000. I live in the state of MO and the loan was taken in the state of MO. I do not believe I owe the funds - I'm sure I paid it back but of course it's been so long ago I can't find the receipt I received when I paid. Is there a statue of limitations on something like this?


Asked on 6/08/09, 4:57 pm

1 Answer from Attorneys
Anthony Smith LawSmith

Re: Payday Loan question

Generally the limit is ten years where there is a signed writing.

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Answered on 6/08/09, 5:00 pm


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