Why Are Older Citizens Targeted For Scams?Those over age 65 make up only an eighth of the U.S. population but according to AARP are a third of all scam victims.
About Reverse MortgagesThese mortgages are not for everyone. They may be best for a cash strapped elder who wants to stay in their home.
The Grandparent ScamScammers will call or send messages pretending to be a grandchild begging the grandparent to wire money immediately.
How To Effectively Deal With ScammersHere are some guidelines from the FTC when dealing with a possible scammer on the phone. My advice is to just hang up or not even take the call.
Scam Prevention For The ElderlyEvery year thousands of people lose money to telephone scams, from a few dollars to their life savings.
FTC: T-Mobile Made Millions In Bogus ChargesT-Mobile USA knowingly made hundreds of millions of dollars off its customers in potentially bogus charges, a federal regulator alleged Tuesday.
Your Credit ReportThe three large reporting companies, TransUnion, Equifax, and Experian, will provide you with an annual free copy of your credit report, but you must ask for it.
FTC Says ADT Settles Deceptive Reviews ChargesU.S. regulators said Thursday that ADT Corp. paid experts to recommend its home security products on media outlets without disclosing their connection to the company.
The Facts About Reverse MortgagesWith reverse mortgages, you borrow against the equity in your home and the money does not have to be paid back until you die or want to move.
Your Free Credit ReportNo one should charge you for your credit report.
How To Avoid Identity TheftThere has been a rebound in identity theft according Javelin Strategy. So how can you protect yourself?
New Agency Will Begin Policing Debt CollectorsThe new Consumer Financial Protection Bureau will make sure the large firms are not harassing or deceiving consumers into paying a debt and are using accurate data to pursue debts.