Posts tagged as:

credit cards

Elderly Experiencing Higher Rates of Bankruptcy

by Randall J. Ryder October 27, 2010
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A recent study conducted at the University of Michigan Law School reports an increase in the filing of bankruptcy by older Americans, which stems from credit card use. According to the study, older debtors cite the interest and fees on credit cards as one of the major reasons for filing. Recommend on Facebook Tweet about [...]

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How Scams Target the Elderly

by Randall J. Ryder July 20, 2010

Scams among elderly adults are increasing with the anticipation they will accelerate in the coming years as the elder population increases. According to a recent study by the MetLife Mature Market Institute, the elderly lose at least $2.6 billion to thieves, many of who are their own family members. Scams are underreported Unfortunately, these estimates [...]

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Scams Target Elderly

by Randall P Ryder May 11, 2010

In a down economy, scams are even more prevalent. Scammers can be, unfortunately, very good at what they do, including preying on the vulnerable, including the elderly. On a yearly basis, the elderly lose $2.6 billion dollars to scammers. Recommend on Facebook Tweet about it Subscribe to the comments on this post Tell a friend

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