Proposed Payday Loan Regulations to Help Millions Avoid Cycle of Debt

Today AARP submitted a letter to the Consumer Financial Protection Bureau (CFPB) commenting on the agency’s proposal to regulate the payday lending industry. For years, many of AARP’s state offices have engaged their state legislatures and governors to secure consumer protections for Americans who find themselves in need of the small-dollar loans that the payday industry offers. According to the Pew Charitable Trust, 12 million Americans use payday lending per year, on average spending about $520 on interest on an average …

AARP Volunteers From Every State Head to Capitol Hill to Push Robust Agenda on Family Caregiving, Social Security

Today, volunteers and staff from every state, Washington, D.C., Puerto Rico and the U.S. Virgin Islands have come to Washington to advocate on behalf of AARP members and all older Americans on the crucial issues of family caregiving and Social Security. While meeting with members of Congress, these volunteers and staff will carry crucial asks:   AARP advocates will ask members of Congress to support two pieces of bipartisan legislation to help family caregivers, the Recognize, Assist, Include, Support, and …

Find the Fraudsters: AARP’s Fraud Watch Network Offers New Scam-Tracking Map

Fraud is a growing problem across the U.S., with more than 1.2 million fraud-related complaints reported to the Federal Trade Commission’s Consumer Sentinel Network (CSN) in 2015 alone. Among those complaints, a total of $765 million was lost by consumers who fell victim to scams, according to CSN’s February 2016 data book. Of 30 complaint categories, CSN ranked identity theft as the second most common complaint reported to law enforcement, followed by impostor scams. (Debt collection was ranked first.) While the numbers …

Hang It Up: Avoid IRS Phone Scams This Tax Season

Identity theft continues to top the IRS Dirty Dozen List of Tax Scams for 2016, with the IRS impostor scam closely trailing and on the rise. With taxpayers anxious to avoid any potential trouble with the IRS, they are often left susceptible to these tax-related schemes. Since 2013, more than 5,500 victims have lost nearly $29 million from phone scams. Ways to save, expert investment advice, scam alerts and more! — AARP Money Newsletter » The AARP Fraud Watch Network has launched …

Switching Gears: Tips for Finding a New Job in 2016

Every new year brings new resolutions — exercise more, eat a healthier balanced diet and maybe even travel to new countries are a few of the common goals individuals set out for themselves when starting a fresh year. For 2016, there is another popular goal on many Americans’ to-do lists — find a new job. In a recent Experiences with Work survey by AARP, 4 in 10 experienced workers between the ages of 35-64 may be on the lookout for new …

Sign Off: Tips to Avoid Holiday Porch Predators

AARP Fraud Watch Network warns holiday shoppers of package delivery theft With the over-congestion of malls during the holiday season, many consumers take their shopping lists to the Web — after a quick search and a few clicks, your family’s and friends’ gifts are en route to your doorstep. While this is an easy way to finish off your Christmas giving list, shoppers should be wary of package thieves. Ways to save, expert investment advice, scam alerts and more! — AARP Money Newsletter » …