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Up to this point, we have now distinguished the difference between credit reporting time limitations and statute of limitations. Today we will cover how debt collectors can use the court system to issue a judgment in their favor. If you have been summoned to...

Last week, we discussed how a credit reporting time limit is measured and how this time limit relates to your credit items.  It is important to remember that credit reporting time limits and statute of limitations are both factors considered with individual items, but they measure different...

Consumers often confuse statute of limitations with the credit reporting time limit. These are two different time frames related to your debts and will each have a different effect. Today we will cover credit reporting time limitations. A credit reporting time limit is the maximum amount of time...