02-12-2025, 07:36 PM
At the other extreme: Not a first time owner but appreciate that we can still get a 30 year mortgage while in our early and mid 70’s. We will be getting a mortgage in quarter-three of this year on a house we are building. I’m not looking forward to the interest rates we’ll have then thanks to Trump’s ‘tax cuts for the rich driven’ deficit.
My sister-in-law is 72. She wanted a new credit card but could not get one without having her son co-sign even though she has excellent credit and is moderately well-to-do. The reason given was she could die at anytime and leave the bank holding her credit card debt. Her son’s credit rating is not as good as her’s. This is in Mexico.
My sister-in-law is 72. She wanted a new credit card but could not get one without having her son co-sign even though she has excellent credit and is moderately well-to-do. The reason given was she could die at anytime and leave the bank holding her credit card debt. Her son’s credit rating is not as good as her’s. This is in Mexico.