U.S. banks reported a record 24,454 suspected cases of elder financial abuse to the Treasury Department last year, more than double the amount five years earlier, according to government data.
Similar Posts
One Simple Way to Reduce Your Risk of Late Payments on Personal Loans
According to a study of more than 400,000 Sallie Mae clients, including borrowers’ credit scores…
CFPB Prompts Americans to ‘Start Small, Save Up’
The Consumer Financial Protection Bureau (CFPB) announced a new “Start Small, Save Up” initiative this…
Managing Money: ‘Everyone’s Responsibility’
Especially when the economy at large faces a downturn, consumers struggle to bounce back from…
Banks tighten credit-card standards, loosen terms for business loans: Fed survey
The numbers: About 17% of banks have eased standards and terms on business loans to…
Why women notoriously have more credit card debt than men
It’s no surprise that Americans love their credit cards. So much so, that outstanding credit…
More People Are Now Checking Their Credit Scores
A new poll of more than 1,000 consumers finds that about 57 percent have checked…