What Your Credit Score Means After You Die

Lucas and Luna explore a morbid but important question: what happens to your credit score after you die? They explain why a deceased person's credit file is typically closed but how errors, identity theft, and joint accounts can create headaches for surviving family members. Lucas cites the FTC's 2024 data showing over 800,000 deceased-consumer fraud reports. They discuss the Credit Reporting Death Notification System (CRDNS), how executors should notify the three bureaus, and why freezing a deceased person's credit is pointless. Luna shares a story from a listener whose mother's credit was used to open a store card six months after her death. The episode ends with a practical checklist for listeners who might one day handle a loved one's credit affairs. #CreditScore #DeathAndCredit #CreditBureaus #IdentityTheft #DeceasedConsumerFraud #FTC #CRDNS #ExecutorDuties #JointAccounts #CreditFreeze #Probate #Finance #FexingoBusiness #BusinessPodcast #PersonalFinance #CreditReport #FICO #LucasAndLuna Keep every episode free: buymeacoffee.com/fexingo