Wow. Talk about a blind spot.
So we've been married 25+ years and every credit card has always been in my issued to me with her as an authorized user, except our present card which is joint, as I just confirmed. She stopped working long ago to be at home with the kids and had a bankruptcy long before we met, so we just never thought of anything else.
Just so I'm understanding, if it is a joint credit card, and one of passes than the card is still open, right?
Is this adequate or is the advice here that she should still have at least one card solely in her name in order to maintain credit?
FWIW, no mortgage or car loans and I plan only to work another 9 years. All of our retirement goals have been basically met along with about 1+ year of reserves in cash.
So we've been married 25+ years and every credit card has always been in my issued to me with her as an authorized user, except our present card which is joint, as I just confirmed. She stopped working long ago to be at home with the kids and had a bankruptcy long before we met, so we just never thought of anything else.
Just so I'm understanding, if it is a joint credit card, and one of passes than the card is still open, right?
Is this adequate or is the advice here that she should still have at least one card solely in her name in order to maintain credit?
FWIW, no mortgage or car loans and I plan only to work another 9 years. All of our retirement goals have been basically met along with about 1+ year of reserves in cash.
Statistics: Posted by guppyguy — Fri Jan 31, 2025 7:42 pm
