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
Consumers Still Wary of Risk, 10 Years After Recession
About 70 percent of Americans feel financially secure today, up from 47 percent 10 years…
Credit Card Interest Rates Surge Over 17 Percent for the First Time Ever
The average variable rate across credit cards tracked by Bankrate surpassed 17 percent for the…
Oregon Enacts New Vendor Data Breach Notification Requirements
Oregon Gov. Kate Brown has signed a bill that requires vendors, service providers, and other…
17% of Americans Hit by Fraudulent Bank Account Activity
As many as 17% of consumers experienced fraudulent bank account activity in 2017, up moderately…
Gen Z is living with their parents to save money. But it’s going to cost them, big time.
After graduating from college in 2021, Bethany Clark moved back in with her parents. She…
Car Payments Hit a Record High
Experian’s State of the Automotive Finance Market Report estimated that the average new vehicle loan…