 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
What is the statute of limitations in Texas on private school loans?
In 1968, I took out a private student loan in Texas, at then Texas A&I University,
It was for $600.00, now they claim I owe $1,887.98, or won't release my transcript, so I can get a better paying job, at the school district. What is the statute of limitations on These type loans in Texas? Thanks, Mary A. |
||||
|
||||
|
After 42 years they have no legal right to come after you to force you to pay - so you're safe from that perspective. But you're not asking whether they can sue you; you're asking whether they can withhold service, and I believe they can. It's like a library that refuses to loan another book to someone who owes a late fee, even if it dates all the way back to 1968. My advice is that if you want the transcript you request a detailed accounting of what you owe, and then pay it. If in fact you owed $600 back in 1968, having to pay only $1887 in 2010 is a pretty good deal (the increase is less than 3% interest per year). |
||||
| Question Tools | Search this Question |
Add your answer here.
Check out some similar questions!
Can student loans from 1990 still be collected on? Every few years I get harassing phone calls and the amount owed is said to be 5x the original amount.
I realize that this topic has been discussed in other areas; all of which I have read. I still find no definitive answer to my question - Is there limitations as to when a student loan default can be enforced? Basically I had student loans from 1994. Which went into default. I am in Ontario...
Can anyone tell me what the statute of limitations in small claims cout in Texas is? I went through a divorce 4 years ago and was not able to pay some of my credit cards. I have one that closed a few years ago, but yesterday I was served with a small claims suit. Last year, the credit card...
View more questions Search
|
