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Date on Personal Loan has ran out

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AMom4xGirls

Junior Member
What is the name of your state? VA

:confused: I have loan at a loan company that went into delinquincy due to my husband being out of work, it was a year before I made a payment, it was before it was charged off they voided the charge off on my payment history, the loan mature date was June of 2005, intrest short is killing me, we have been making monthly payments since june 2005 to catch up the account but not getting anywhere, is there anything to be done now that the contract date has run out?:(What is the name of your state?
 


zippysgoddess

Senior Member
Nope, you are still responsible for the debt. The reason the interest is so high is because you failed to pay on time. Everytime you made a payment, you reset the Statute of Limitations date, so it hasn't started counting yet and they can still sue you for it, if you don't pay it.
 

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