*Loan,banking and credit>>>credit repair

Repairing credit-Is it true old debts do go away after time?

I am trying to get an apt., so I recently had my credit ran, thought I had really really bad credit, turns out I only have two recent accounts in collections, which I've already requested payments on. Credit not good, but it seems that all my old accounts from 7 years back are actually not there anymore affecting my score. Everyone and their mom kept telling me that after 7 years old debt goes away, and I never believed anyone. Is this true????

Financial Destination has a credit repair call that comes on at 9:30 pm eastern time you need to be on this call 646-591-5800 pin#0546# the call will answer all your questions. You can call me after the call for anymore answers 704 450 8877.
www.fdirep.com/runningover

yes, after 7 years it no longer shows up on your credit, good or bad
See "Running of the Reporting Period" in Section 605(c) of the Fair Credit Reporting Act. Charged off debts may only be reported for a maximum of 7 years, plus 180 days.

http://www.ftc.gov/os/statutes/031224fcr...
depending on your state can determine the statue of limitations arising from past due debts. at the bottom of http://www.fdnsolutions.com you can view the FDCPA laws and look up the states on the web for more specific information
http://www.fdnsolutions.com/fdcpa.html...
Go to truecredit.com
and buy your report with all three agencies

if your accounts are old and are still on there
then dispute them to get them removed.

It worked for me. I disputed a debt that was 5 years old
and it got removed
Unfortunately, they can pop up again at any time. The original creditor can sell the debt to a collection agency, then the whold thing re-sets and starts all over again.

You owe the money, why don't you just pay it? Basically, by not paying it you have commited theft.