5 Warning Signs That Might Indicate a Student Loan Scam
Many 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…
6 Ways to Protect Yourself from Financial Abuse in Retirement
Many 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.
3 Scams Against the Elderly They Need To Be Aware Of
Criminal scams against theelderly 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:
Our firm provides the information in this website for general guidance only, and it does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with a competent professional tax, accounting, legal, or other professional advisers. For information on how to use this data, you are advised to read our Legal Disclaimer page and our Circular 230 page.