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Published Category: Info for consumers
Mortgages

Don’t let marketers tell you how to age in place

Over ten thousand people turn 62 every day, and with a majority of them homeowners, a growing number of businesses are increasingly using the phrase “aging in place” to market financial products and services to homeowners in the baby boom generation. Many of these businesses and lenders, however, are incorrectly implying that staying in your current home is the only option for aging in place, which isn’t always the best option for everyone. 

Published Category: Info for consumers
Wrongfully billed Medicare bills illustration

What to do if you’re wrongfully billed for Medicare costs

Under the Qualified Medicare Beneficiaries (QMB) program, medical providers such as doctors, hospitals, and medical supply companies aren’t allowed to bill enrollees for Medicare deductibles, coinsurance, and copayments. If you get a wrongful bill, you don’t have to pay it. You have the right to a refund if you’ve already paid.

Four ways to support your community’s fight against elder financial exploitation

Financial exploitation robs millions of older people of their money and property annually.  To prevent and respond to the growing crisis of elder financial exploitation, people are working together in hundreds of communities across our nation. 

Published Category: Info for consumers

3 things you should consider before co-signing for an auto loan

If you co-sign an auto loan, you will be responsible for making payments if the primary borrower can’t pay. It could affect your future access to credit and your overall credit score. Here are some tips for co-signers and a new auto loan resource for you.  Share it with your co-borrower so you can shop for a loan that works for both of you.