How do I find out statute of limitations using credit report?

I looked every where on the web, but none can give me the answer i'm looking for. I have purchased a credit report, but having hard time using it to determine statue of limitation from it.


I narrow it down to two fields:





Last reported: The last date the account was updated by the creditor


History Date: Date at which current history begins.





Keep in mind that the chart only shows 24 month history.





So how I determine the SOL??





Thanks

How do I find out statute of limitations using credit report?
Here is a good list of statute of limitations:





http://www.creditinfocenter.com/rebuild/...





Usually for most debts it is based on the last date paid, but it can varry, and it also depends on what state you live in, but this site addresses that as well.
Reply:There is NO SOL on debt. It comes off your credit report 7 years after last activity, but that doesn't mean you don't owe it any more. That myth is everywhere...why I don't know.


SOL's refer to crimes, not debt.
Reply:It is actually neither of those fields. The statute of limitations begins on date of the first delinquency. Depending on how old the debt is, this date may or may not show up on the report.





So for example if you had a payment due on 2/2007 but failed to make it, then 2/2007 is the date of the first delinquency.





The date last reported is the date that the company last updated information on the listing. This will change every time they update it. The History date is just that, it is the date that the history began on the listing.
Reply:The Statute Of Limitations and your credit report are totally different from one another and has nothing to do with the length of time debt can stay on your credit report.





The law states: A consumer reporting company can report most accurate negative information for seven years and bankruptcy information for 10 years. There is no time limit on reporting information about criminal convictions; information reported in response to your application for a job that pays more than $75,000 a year; and information reported because you've applied for more than $150,000 worth of credit or life insurance. Information about a lawsuit or an unpaid judgment against you can be reported for seven years or until the statute of limitations runs out, whichever is longer.

ginkgo