Financial education and money management go hand in hand. Protect yourself and your clients by empowering them with financial literacy. April is Financial Literacy Month, and in recognition, the National Council on Aging published an article that highlights eight tips for older adults to protect themselves from money scams. Millions of older adults fall preyContinue reading “Financial Literacy: Empowering Your Clients”
Category Archives: CFPB
Talking About Aging with Loved Ones
As the COVID-19 pandemic continues, keeping our most vulnerable older population safe is still a priority. However, according to the SCAN Foundation, we have a long road to prepare for the potential obstacles and particular circumstances that older loved ones and most of us will encounter as we age. So when is a good timeContinue reading “Talking About Aging with Loved Ones”
If You Have Become a Victim of Mortgage Relief Scams, Here are 5 Actions to Take
Our previous blog discusses how to recognize and avoid mortgage relief scammers. But if it is too late to avoid being a victim of mortgage relief scams, you must follow the proper measures to report the crime, here are five actions to take. Victims of mortgage relief scams are the ones living and dealing with theContinue reading “If You Have Become a Victim of Mortgage Relief Scams, Here are 5 Actions to Take”
Mortgage Relief Scams – Saving Your Home
Many people fall behind on their mortgage payments as a result of the COVID-19 pandemic. Mortgage relief scams are taking advantage of many people. You should be wary of mortgage relief schemes if you are behind on your payments. Free foreclosure assistance is available to everyone. Anyone who attempts to charge you upfront fees forContinue reading “Mortgage Relief Scams – Saving Your Home”
Help Fight Fraud – What Should You Do If You Suspect Fraud with Your Unemployment Benefits Prepaid Card
You may have been given a prepaid debit card to allow you to access your unemployment benefit funds. If there is money missing from your card and you suspect fraud, you must take action to help fight fraud. To begin resolving your issue, contact the bank that supplied the prepaid debit card rather than theContinue reading “Help Fight Fraud – What Should You Do If You Suspect Fraud with Your Unemployment Benefits Prepaid Card”
State of Emergency: Housing Insecurity and Aggressive Action
Below is a blog by Dave Uejio of CFPB. He addresses the housing insecurity and aggressive action that is needed by him and his team. The CFPB released our first analysis of the impacts of the COVID-19 pandemic on housing. The good news is that actions taken by both the public and private sectors haveContinue reading “State of Emergency: Housing Insecurity and Aggressive Action”