Menu

Protecting the Elderly from Financial Abuse

12.07.2017

From the American Bankers Association

People over 50 years old control over 70 percent of the nation’s wealth. Because of that, fraudsters are using new tactics to take advantage of older Americans. Senior financial abuse is estimated to have cost victims at least $2.9 billion last year alone. However, there are simple steps that can help you or your loved one from falling prey.

Tips for Seniors:

• Shred receipts, bank statements, and unused credit card offers.

• Never pay a fee or taxes to collect sweepstakes “winnings.”

• Consult with a financial advisor or attorney before signing a document you don’t understand.

• Never rush into a financial decision. Ask for details in writing and get a second opinion.

•  Feel free to say “no.” After all, it’s your money.

• Order copies of your credit report once a year to ensure accuracy.

This is just a small sample of the tips we have to help seniors avoid financial abuse. To get the rest, click here. 

< Return to NewsBack

In Other News You May Also Be Interested In

seo

- escort mersin - Antalya korsan taski - deneme bonusu veren siteler -
deneme bonusu veren siteler
- Goley90 -
Het kopen van Instagram Likes: een originele boost voor jouw merk!
- bonus veren siteler - takipcimx - postegro - antalya airport transfer - buy instagram followers - buy instagram followers - sahabet - onwin güncel - Aviator oyna -

loodgieters

- Cinsel sohbet - instagram takipçi satın al - backwoods puro fiyat - Postegro - Kablo makarası taşıma ve döşeme römorkları - instagram gizli hesap görme - Türk sohbet - Omegle - Twitch view bot - Betnano - buy gopro - casino