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For SOL purposes...


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The SOL that applies is the state you are being sued in. In Florida, the Florida SOL applies, unless the SOL in the state where the loan was made is shorter, then you use the shorter SOL.

In Florida, vehicle loans and promissory notes (known as signature loans) are based on a written instrument and are 5 years. There is some debate on whether or not a credit card is considered a store line of credit (4 years) or is based on a written instrument (5 years). There is currently no case law on this, so good luck on that.

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