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View Full Version : Is a credit card on open ended account?


needhelpooga
Aug 15, 2011, 09:39 AM
I am being sued in the state of Nebraska for an old credit card debt. The last payment made on this account was over 4 years ago, but less than 5. From what I could find, the statute of limitations in NE is 4 years for open ended accounts and 5 for written contracts.

I have 2 questions:
1. In Nebraska is credit card debt considered open ended or a written contract?
2. Does the date for the start of the statute of limitations begin on the last payment made

Thanks so much for any help.

Wondergirl
Aug 15, 2011, 09:45 AM
1. It's a written contract. When you got the card, you signed your name to a contract and agreed to abide by their terms.
2. Yes.