Credit Problem

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Annette is curious to know if you have encountered the same problem. “I retired at 66 am now 69. Always had amazing credit usually somewhere around 800 more less.

Husband is relocating for work but I’m staying here. We have joint credit since we married a few years ago. We elected to open up two separate credit cards to not mix finances while he’s off for this job. His card opened with no problem, they wouldn’t give me one told me they would let me know something in seven to ten days. I think it is because I am “unemployed.”

My retirement funds (which is guaranteed income) are more than what I made while working due to investments.

Get your finances in order, purchase all the real property you want to purchase, get whatever credit cards you need before you retire. Anybody else run into this problem?”

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1 thought on “Credit Problem”

  1. I got a reverse mortgage on my house when I retired. It works very well for me but absolutely ruined my credit for about five years. It was listed as a Home Equity Loan even though there was no exchange of money. It finally cleared my report and all was fine.

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