Credit Cards Still Charge Interest After You Die

[hegemony]

https://twocents.lifehacker.com/credit-cards-still-charge-interest-after-you-die-1827929097

[moosetracks]

Vultures all.

[cv91915]

If you are dying with credit card debt you've done something very, very wrong.

[Konrad2012]

11 hours ago, moosetracks said:

Vultures all.

Do mortgages cease when someone dies?  Margin loans on securities? Auto payments?  Why should credit card debt be any different?

[centex]

4 hours ago, cv91915 said:

If you are dying with credit card debt you've done something very, very wrong.

If you carry credit card debt that is accumulating ANY amount of interest, you've done something very, very wrong.  

[IndyPoolPlayer]

6 hours ago, cv91915 said:

If you are dying with credit card debt THAT OTHERS MIGHT BE RESPONSIBLE FOR you've done something very, very wrong.

 

3 hours ago, Konrad2012 said:

Do mortgages cease when someone dies?  Margin loans on securities? Auto payments?  Why should credit card debt be any different?

Secured vs non-secured. K-Man you know better than that. I partially agree with you though. I've known some seniors knowing allow their adult children and even grandchildren run amuck with their credit cards.

[Konrad2012]

17 minutes ago, IndyPoolPlayer said:

 

Secured vs non-secured. K-Man you know better than that. I partially agree with you though. I've known some seniors knowing allow their adult children and even grandchildren run amuck with their credit cards.

Unsecured doesn't mean that the estate isn't responsible.  Or as the article points out, the spouse in community property states.