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
Would you pay for your own paycheck? Wage access apps think so
The growing popularity of wage access apps is the newest symptom of America’s shortcomings. It…
3 straight months of highest-ever used-car prices
Following an 11-week “summer bounce” in Manheim Market Report prices, September ended up being the…
Why Auto Loans Look Like Low-Hanging Fruit to Identity Thieves
Equifax’s Ken Allen warns that “synthetic” fraud is a mounting problem for auto lenders. “The…
Most Consumers Overestimate What It Takes to Get a Mortgage
A recent Fannie Mae survey finds most consumers believe that obtaining a mortgage requires a…
Robo-Calls Are Getting Worse
Robocall volume has reached a frenzied pace, even as the Federal Communications Commission explores how…
Millennials and Gen Z Have Lowest Credit Scores of Any Generation
Millennials have some of the worst credit ratings, a new Experian report finds. FICO scores…