F-1 Auto Loans / Leases Until loan / lease is paid in full.
F-2 Credit Cards This location contains statements relating to all credit cards including Primary Bank Cards (Visa, Master Card, American Express, Discover, etc.) and Revolving Charge Cards, (issued by major departments stores and retailers).
- Generally, these statements should be retained until one year following statement date, except : If purchases on any statement represent items that are related to tax deductible expenses, transfer these statements to (M-4) Tax - Current Year Tax Deductible Records at the end of each year.
F-3 Mortgage / Rent Payments For mortgages you pay: Generally, as long as you own the property being mortgaged, or until the mortgage is paid in full, whichever comes first. These locations are where you file the payment stub attached to your regular mortgage billing statements. You can also file escrow statements, and annual property tax notifications here.
- You do not file the actual certified copy of the mortgage here. This document is filed in (I-7) Mortgage Documents.
- For rent payments you pay: Retain until expiration of lease, and return of any security deposit held by landlord.
F-4 Leases (Other) Until lease termination date.
F-5 Personal Loans Until loan is paid in full.
F-6 Promissory Notes Until loan is paid in full.
F-7 Student Loans Until loan is paid in full.
F-8 Utilities Generally, until one (1) year; except:
- Tax-deductible utility expenses should be transferred to (M-4) Tax - Current Year Tax Deductible Records at the end of each year.
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