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I said on a few threads I was rejected for a HELOC re-fi ... "Insufficient income." Seems they only wanted working types. Not enough income shown on 2 years taxes to entice them. And that was a couple years ago.
I would think in this enviroment anybody thinking of retiring should line up any all credit lines/mortgage refis while working.
I was going to cancel some credit cards I never use...just to clean things up and not have them languishing in a drawer. There are no fees involved with maintaining them. Maybe I should reconsider this action. I use two of my cards regularly...one for cash back and the other for airline miles and pay them off every month. I am not planning on getting any mortgages or lines of credit.
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