Secured Loan issue

[Ppatrick]

Hi All
Coast Financial have bought my Welcome Finance Secured Loan.
I had forgotten all about this loan, not had any communication on this for over 6 years.
Can a Secured Loan become Statute Barred ?

[des8]

Hi and welcome

secured loans become statute barred after 12 years

[Tryhardpls]

Hi, man, I have a lot of loans, but I have never seen anything, like you saying. Frankly speaking, there were many situations, when I tried to make the loans easier for paying using refinancing, changing of bank and other tricks, that I have read at the Lånemegleren. I think, that there is such a possibility, that you can ask them this question and maybe, they will help you to find the answer. Polite and kind people work there in supporting, so, I am sure, that leave you in trouble.