The Statute away from Constraints to own personal credit card debt try a law limiting the level of day lenders and you can debt collectors have to sue people getting nonpayment.

The period body type is decided from the for each county and you may varies from merely three years (in the thirteen claims) in order to 10 years (two claims) on the other twenty-five says someplace in anywhere between.

The objective of a statute from limits to have personal credit card debt should be to prevent loan providers from providing users to help you courtroom long after proof your debt might have been discarded or vanished.