Legal Question in Credit and Debt Law in South Dakota

Credit card det

captial one is trying to colect on a credit card that i had 7 years ago, this is the first Iv heard from them and now they want 1,476.95 on a credit card that had a limit of 200.00 dollars, I never exceeded the max credit limit. I just for got about and never paid.

Can they collect on a bill from so long ago? how long can it stay on my credit report? and if it falls off can they put it back on? and do I have to pay 1,279.95 in fees?


Asked on 2/07/08, 3:12 pm

1 Answer from Attorneys
David Anderson Anderson Business Law LLC

Re: Credit card det

SOunds like they may be past the Statute of Limitations. If collector is 3rd Party ( not orig. creditor) they may be in violation of Federal Law and YOU may be able to sue them. Call or email for further assistance.]

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Answered on 2/07/08, 5:06 pm


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