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New credit card old debt

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I was just reading on the internet that some debt collectors will offer you a credit card to start rebuilding you'r credit. The article also said that any debt even if its past the SOL will be

deducted from credit limit, for example portfolio recovery will give you a credit limit of 5,000 but you had a debt with them  for 1,000 so your CL is only 4,000.  Is it legal to add debt to new

credit card even if its past SOL.  This seems like a shady way to do things.


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