In May 2015, the Consumer Financial Protection Bureau launched an inquiry into student loan servicing practices. In light of the increasing number of older Americans paying back student loan debt, they asked to hear about how it’s affecting older consumers.
The CFPB received over 30,000 public comments in response to our inquiry, including a number of comments . . . → Read More: CFPB Report on Student Loan Debt Highlights Challenges for Older Consumers
Financial protection for older Americans
Older Americans face many financial challenges as they age. They have opportunities to travel, explore new fields of work or hobbies, or spend time with family and friends. But often scam artists or bad advice take away these opportunities. The Office of Financial Protection for Older Americans is here to give seniors . . . → Read More: CFPB Updates – Financial protection for older Americans
Food for thought at your Thanksgiving Table
Originally posted on the CFPB Blog
It’s almost Thanksgiving, and like most Americans, I’m looking forward to eating all my favorite holiday dishes and spending some quality time with my family. This year I’ve got it easy. I’ll be spending my holiday going to see the latest blockbuster movie with my . . . → Read More: From the CFPB: Food for thought at your Thanksgiving Table
Pass It On: New FTC Education Campaign Encourages Older Consumers to Share Their Knowledge to Help Fight Fraud
The Federal Trade Commission’s newest education campaign, Pass It On, encourages older adults to help raise awareness about fraud by talking to their family, friends, and neighbors about avoiding common scams.
Pass it On resources take a new approach to . . . → Read More: Pass It On: New FTC Education Campaign Encourages Older Consumers to Share Their Knowledge to Help Fight Fraud
CFPB Gail Hillebrand Remarks: Release of Money Smart for Older Adults
Remarks of Gail Hillebrand Associate Director, Division of Consumer Education and Engagement Consumer Financial Protection Bureau
Financial Fitness Fair featuring the release of Money Smart for Older Adults in honor of World Elder Abuse Awareness Day on June 15, 2013
June 13, 2013
Thank you General Cooper, Secretary of . . . → Read More: CFPB Gail Hillebrand Remarks: Release of Money Smart for Older Adults