Can You Spot a Student Loan Scam?

5 Warning Signs That Might Indicate a Student Loan Scam

There are 5 signs of a student loan scamMany individuals have student loans to repay, and unfortunately, some are having trouble making those monthly payments. This is often due to other debt they are carrying like a car loan payment(s), a mortgage payment, and even credit card debt. This issue is ripe for a student loan scam.

In practically all publications that accept advertising, you’ll run across ads that say your problems can be over if you sign up with them. The ad will go on to say that they can help you to repay your student loans faster and at a lower cost – or they will get them completely forgiven.

These types of claims should be a red flag waving in your face and making you extremely cautious. There are some companies that may be legit, but there are also many that are scammers.

The following will help you to identify a student loan scam: View full post…

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Financial Abuse – 6 Ways to Protect Yourself

6 Ways to Protect Yourself from Financial Abuse in Retirement

Financial abuse is on the riseMany of us are familiar with seniors who have been/are victims of financial abuse. Unfortunately, so many of them go unnoticed and the abuse isn’t discovered until they pass away.

There are millions of elderly American citizens that have health issues and some diminished level of intellectual competency that places them at risk for financial abuse. There are steps that you can take to reduce your chances of being one of these victims.

In our modern society, telemarketers and other individuals looking for a fast buck are a fact of life. Government agencies that tried to place some level of control on the telemarketing industry were an absolute failure. There are increasing numbers of our elderly citizens who are falling for the hype of these scammers and losing many dollars as a result.

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3 Scams Against the Elderly Citizens

3 Scams Against the Elderly They Need To Be Aware Of

Scams against the elderlyCriminal scams against the elderly continue to be prevalent despite repeated warnings by many agencies. As a rule, scammers have no morals, and are willing to take whatever they can from the elderly. Most seniors are too trusting and are willing to help those in need and scammers count on that and govern their pitches accordingly.

There are three (3) cruel scams that we will discuss here that continue to be perpetrated against senior adults. Many others exist, but these three are the most prevalent. They are:

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