[globnomulous]

In my case, even closing an account wasn't sufficient. A charge posted to a credit card I'd closed more than a year prior, and the card issuer was legally obligated to process the charge because of the renewal contract that apparently I had signed with the merchant. This led a single late payment, which, in turn, caused my credit score to tank by ~90 points just as I was applying for mortgages. I try not to think about what that, and waiting a year, until mortgage rates climbed to nearly 6%, will have cost me if I'm lucky enough to outlast my thirty-year-fixed mortgage.

Edit: and the dark Lord surely reserves a particularly unpleasant circle of hell for loan officers who encourage borrowers to consider a 5-1 variant rate because "we know rates will fall next year."

[sidewndr46]

This is interesting because it means potentially your estate would be liable for such charges indefinitely after your death.