Personal Finance

Credit or Debit? 5 Financial Horror Stories

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2. No Credit Cards for Dead People

 Image: iStock Photo

Horror Story: You are alive. However, your credit report says you have passed away.

Okay, it’s not like everyone gets approved for a credit card when they apply. However, it’s not every day that a living person would get denied a credit card due to being proclaimed dead. That is what happened to Rita Katz when she tried to apply for a GAP credit card, according to a roundup by Bankrate.com. Apparently, there was some confusion, because Rita was clearly alive and ready to make some serious GAP purchases.

[Free Resource: Check your credit for free before applying for a credit card]

Slide 3: Jacked By the Waitress »

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