4 votes

Note to self: Cancel credit cards prior to death

The Cultural Economist

25 February 2013
Note to self: Cancel credit cards prior to death
I know I have responsibilities.
I have to follow the rules.
I must remember to cancel my credit cards before I die.

Here is why…..

A lady died this past January, and WESTPAC bank billed her for their annual service charges on her credit card, and then added late fees and interest on the monthly charge. The balance had been $0.00, now is about $70.00.

read more http://tceconomist.blogspot.co.nz/2013/02/note-to-self-cance...

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better to no have any credit cards

if you have them, cut them up. if not, don't get them.

I dont think that is right

You need to use the credit cards to your advantage. Always pay your bill in full and get the rewards for free. I have credit cards that pay me for using it so why not. I pay no interest yet get hundreds of dollars a year in rewards. With a 850 FICO score you can get a lot of benefits. And make sure no one else is listed on your credit card so when you die no one inherits the balance. As far as your estate goes make sure you die a pauper. Distribute your wealth before you die.

Do your best have no expectations

lol

In response to comnsense99 below. Two wrongs don't make a right. And what if there is somebody else on the card for whatever reason, and that person never used it, paid attention to it, etc.. And then they are liable.

Close it up.

"What if the American people learn the truth" - Ron Paul

So

Good luck to them collecting it.

Do your best have no expectations

All the bills ...

All the bills of the estate have to be paid before the will is probated.

RickStone