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3 Related Articles for senior
   
 

05/06/2013

New Telemarketing Scams Try to “Alarm” Seniors

New York area seniors, especially in the Hudson Valley, have reported receiving suspicious, prerecorded telemarketing calls selling a personal emergency alarm system. According to the recorded message, this system is necessary to protect against a long list of dangers, such as break-ins and medical emergencies. The recording claims that the system — worth several hundred dollars — can be installed for free, but will cost $30 a month thereafter. The consumer is prompted to press a button and speak to a live person for "verification." A telemarketer then asks for personal financial information such as a credit card or bank account number to complete the “sale.” However, victims report that callers refuse to provide even the most basic business information, such as the business address.

08/03/2010

BBB Warns Against Five Scams Targeting Senior Citizens

Better Business Bureau encourages families to keep the lines of communication open with their elders regarding finances and to recognize some common cons targeting senior citizens.

04/01/2006

FTC - Getting Credit When You’re Over 62

Credit is an important money management tool for both young and older consumers. Yet the elderly, particularly older women, may find it difficult to get credit.


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