I am from New Jersey and I have some credit card accounts on my credit report that I believe that exceeded its seven year Statute of Limitations. However, once I disputed this information to Experian the report stated "this item was verified and updated on June 2005." Which brings me to question, when is the start date determined. Is it the date of first delinquincy? If not when?
It seems as if these credit companies have uped my last date of delinquincy. For example, I hadn't made payments on one since 1999 and closed the account. however, it says that it was 90 days late in Jan 2003. . .