Good Morning all:

Been on this site for awhile and I have never seen a thread dealing with credit as you get older. Once someone retires ( which I think might be never for a lot of us ) how do lenders treat you when applying for credit ? Obviously your now on a set income and your life expectancy is "x" number of years are you discriminated against when applying for any long term loan ? Does collateral come into the picture, i.e. investments, CD's, etc., when say you want to buy a high end card and your in your late 60's ?

If you have a 700+ credit score as you retire is it more difficult / easy to maintain that score in retirement ? Will lenders let you cosign a loan in retirement ? If you apply for a credit card in retirement do most lenders open the account with a lower credit limit although you have a stellar credit score because of your age ?