california credit report laws
california credit report laws
does credit reporting have different laws in every state?
i was wondering if the credit laws are different in every state, for example here in Illinois and boston or California. if so, where can i find those laws. Thanks
For credit reporting? No. There’s the FCRA (Fair Credit Reporting Act) which states that a debt can be reported up to 7½ years from the date of the first delinquency. Meaning that if a debt went delinquent on January 1, 2000, the longest that it could remain on your report would be June, 1 2007. Now there are laws for collecting debt that vary from state to state. (I posted a link that has each state and the statute of limitations for collecting that debt)
