What is the timeline for debt in FL? When'll I be able to get rid of liability for a loan? When will it stop showing on my report? Is it any different for student loans?

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1. Check the Statute of Limitations for the state here:

   http://www.ovlg.com/education/statute-of-limitations-on-debt.html

2. Negative reports and old debts can be wiped off from reports after 7 years (usually)

3. SOL doesn't apply to federal student loans, and might apply to the private ones (depending on the written contracts)

 


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