Debt and Limitations
Understanding the statute of limitations is crucial when dealing with debt; it protects you from being sued after a certain period. However, even if collectors can no longer pursue legal action, the debt can still negatively impact your credit score. Be wary of attempts to revive old debts through small payments or new agreements, as these actions can reset the clock and open the door to renewed collection efforts.In this clip
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Friday Flight - Savings to the Moon, Dodging Debt Collectors, and One Stingy Shaq #432
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