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June 12, 2017

When you retire, don't retire your credit cards

  • Keeping credit cards active doesn't mean running up debt.
    • By MELISSA LAMBARENA
    NerdWallet

    iStock image
    Baby boomers risk damaging their credit scores in retirement by reducing or eliminating their use of credit cards.

    When her car trouble began, Beverly Dobratz, 70, assumed that years of responsible credit usage would qualify her for a new car loan with a low interest rate.


     
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