Collection off account

[Anonymous]

I have a written off account it was for an installment loans its like 200.00. Its about 4 yrs old. They will not PFD am I better off letter it roll off in 3 years or paying it in full now?

[Anonymous]

---

Badcreditguy wrote:

I have a written off account it was for an installment loans its like 200.00. Its about 4 yrs old. They will not PFD am I better off letter it roll off in 3 years or paying it in full now?

---

Is it past your SOL?

[Anonymous]

is the SOL usually 7yrs? Im in Missouri I thinks its 7

[Anonymous]

where would i find the SOL in my state? MIssouri

[Anonymous]

NO!  CRTP is 7 years SOL is state

http://ficoforums.myfico.com/fico/board/message?board.id=generalcredit&message.id=17466

http://www.bankrate.com/brm/news/cc/20040116b2.asp?caret=8

Message Edited by HappyDays on 08-29-2007 05:00 PM

[Anonymous]

State Missouri

Written contracts 10 years

Oral contracts 5 years

Promissory notes 10 years

Open accounts (including credit cards) 5 years

[Anonymous]

---

@Anonymous wrote:

I have a written off account it was for an installment loans its like 200.00. Its about 4 yrs old. They will not PFD am I better off letter it roll off in 3 years or paying it in full now?

---

Another year to SOL-

Ofter the PFD at the End of the month-

Maybe try an "restrictive endorsement"?

[Anonymous]

so does this loan fall under Open accounts (including credit cards) 5 years?