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Monthly Archives: July 2025

SeniorMoney

Can Relatives Take Advantage of an Elderly Person Through Borrowing?

By Laurie R. Chane |

Money troubles can affect anyone, and when loved ones face financial difficulties, many feel compelled to help. However, this situation becomes particularly concerning when elderly individuals become the source of these funds. A recent survey by CreditCards.com revealed that 42 percent of people who lent money never received repayment, with Baby Boomers and Gen… Read More »

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