Statute of Limitations Question When pulling my credit report, I found a negative CC account. The CC is closed and reporting derogatory. It never went to collections, and the date of the last activity was 12/2014. If I’m reading right, the statute of limitations for CC debt is 5 years for my state (AR). Is that for the time that they can pursue it for collections, or can I request it to be removed? Should I leave it alone? I don’t want to re-age it but I want it gone.