Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Seniors

2naSalit

(94,751 posts)

21. It seems to me...

Reply to PoindexterOglethorpe (Reply #19)

Wed Jul 19, 2023, 09:52 AM

Jul 2023

That our economy, for we little people, requires that you maintain debt of some sort for which you make regular payments in order to be in good standing (in the game). You are no longer considered a participant worth taking "risk" on if you don't have a regular obligation to someone or some agreement to which you part from your money on a schedule.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

22 replies

= new reply since forum marked as read

Highlight:

They Had Great Credit Scores. Then They Retired. [View all] question everything Jul 2023 OP

Biggest crooks ever kevink077 Jul 2023 #1

+1 2naSalit Jul 2023 #8

I'm done with them. 62K left on mortgage and then they can pound sand. jimfields33 Jul 2023 #16

Current plan is to work until I am 70 liberal N proud Jul 2023 #2

Paid off my credit cards years ago. OAITW r.2.0 Jul 2023 #3

me too. and I have alert notification with Experian, so they like to tell me my credit score is BlueWaveNeverEnd Jul 2023 #5

Yes Timewas Jul 2023 #4

Really? PoindexterOglethorpe Jul 2023 #6

817 is a very good credit score Fiendish Thingy Jul 2023 #7

Right. Which is why I don't understand PoindexterOglethorpe Jul 2023 #11

I think some seniors' score lowers the older they get Fiendish Thingy Jul 2023 #17

Still paying a mortgage. 2naSalit Jul 2023 #9

So maybe the conventional advice that you absolutely must have PoindexterOglethorpe Jul 2023 #19

It seems to me... 2naSalit Jul 2023 #21

Just keep a bank debit card, maybe a credit card too... brush Jul 2023 #10

Yes. You are exactly right. PoindexterOglethorpe Jul 2023 #12

Guess there's more than one way to do it. I don't carry much cash. brush Jul 2023 #15

I have a credit card which is paid off every month. My other bills, PoindexterOglethorpe Jul 2023 #20

It's not impossible to remedy tho... Mr. Scorpio Jul 2023 #13

This likely hurts renters, of which I am one. LisaM Jul 2023 #14

This may be true but it isn't my experience. Joinfortmill Jul 2023 #18

I'm almost 82 and my score is above 800. trof Aug 2023 #22