Resources in Spanish that could help thousands of older Hispanics spot financial exploitation and scams

Elder financial exploitation crosses all social, economic and cultural boundaries. Older Hispanics, like other older adults, increasingly are targets of financial abuse and scams by a broad spectrum of perpetrators. A 2012 study found that 17 percent of Hispanic seniors are victims of financial exploitation, and that limited English proficiency is a factor that contributes [...]

By |2017-05-20T11:45:24-05:00October 7th, 2014|News|Comments Off on Resources in Spanish that could help thousands of older Hispanics spot financial exploitation and scams

Student Loan Debt Growth Could Ease

Student loan debt totals a record $ 1.2 trillion but the rampant growth could slow as the strengthening economy reduces the number of new loans, Deputy Treasury Secretary Sarah Bloom Raskin said Monday. Collection & Credit Risk

By |2014-10-01T12:05:09-05:00October 1st, 2014|FDCPA|Comments Off on Student Loan Debt Growth Could Ease

Poll Shows Many Could Not Keep Current Lifestyle Without Credit Cards

The ability to stop using credit cards and pay cash for purchases can be a sign of financial stability as it proves a person’s lifestyle is in line with their income, according to an industry association. Not surprisingly, many people are in the danger zone. Collection & Credit Risk

By |2017-05-20T11:45:26-05:00September 17th, 2014|FDCPA|Comments Off on Poll Shows Many Could Not Keep Current Lifestyle Without Credit Cards

You could still end up paying interest on a zero percent interest credit card offer

What could be better than zero percent interest for one year? Nothing, nada, free…right? Not exactly. These kinds of promotional rates are common with credit card offers. They can be connected to: Balance transfer offers Pitches for low-cost ways to finance big purchases, such as “deferred interest” offers So-called “convenience checks,” which invite you to [...]

By |2017-05-20T11:45:27-05:00September 5th, 2014|News|Comments Off on You could still end up paying interest on a zero percent interest credit card offer

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