Barb Schlinker The Real Estate Voice

Tips Retirees Should Do Know About Their Credit Scores

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Sinopsis

What are some Tips Retirees Should Do Know About Their Credit Scores In retirement years, purchases such as insurance, cell phones, renting cars using a debit card, buying cars or even an application for a reverse mortgage may require a strong credit score. Yet many retirees become debt free, causing their credit score to go to zero or stop paying attention to their credit score if they don’t need to borrow money. Most people who are retired have pretty great credit and its important to them to keep it that way, why should they do to maintain good credit?With data breaches happening routinely— retirees need to stay vigilant about their credit profiles. And it is easier than ever to monitor your credit score with websites Experian. Equifax or TransUnion.  There is a small monthly fee and typically you can get this service for a little as $5 per month.That may seem counter-intuitive, particularly to those who pay off their homes, cars and other debt by the time retirement is on the horizon. Retirement itself, i