Tag: 7yearold

  • Can a 7-year-old credit card debt still be collected?

    Can a 7-year-old credit card debt still be collected?

    It can be tough to get rid of a seven-year-old credit card debt. Sean Russell/Getty Images With credit card debt climbing nationwide, many cardholders have found themselves struggling to meet their monthly payment obligations. Right now, the average cardholder owes nearly $8,000 in credit card debt and the financial stress of carrying a balance that high…