CarolinaBlueEyes Posted July 14, 2007 Report Share Posted July 14, 2007 IN NC we have 3 years for written or open contracts... which a credit card falls under.. I was reading today that UCC acounts are four years but I am not clear on what a UCC account is and can a credit card be considered one? Link to comment Share on other sites More sharing options...
Recovering Attorney Posted July 14, 2007 Report Share Posted July 14, 2007 teh UCC SOL deals with sales of goods, security interests and other non-credit card issues. Credit accounts are not, in and of themselves, considered covered by the UCC Link to comment Share on other sites More sharing options...
CarolinaBlueEyes Posted July 14, 2007 Author Report Share Posted July 14, 2007 Thanks RA i appreciate it!!I though it had something to do with commercial sales but it seemed like a uniform code so thats where I became confused. I think it was the sale of goods part since you can charge them to a card.. thanks! Link to comment Share on other sites More sharing options...
cracrap Posted July 15, 2007 Report Share Posted July 15, 2007 I think it was the sale of goods part since you can charge them to a card.. thanks!to clarify:credit cards are basically loaning you money, not providing goods or services..., what u choose to do with that money is up to you Link to comment Share on other sites More sharing options...
CarolinaBlueEyes Posted July 15, 2007 Author Report Share Posted July 15, 2007 ah that makes perfect sense.. thanks for clarifying , I really appreciate it Link to comment Share on other sites More sharing options...
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