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Elder Americans’ Debt Growing Fastest

Elder Americans’ Debt Growing Fastest

Are Grandma and Grandpa over-spending through credit cards?  Companies that track consumer debt say yes. According to last weekend’s WSJ article quoted in our last blog, Coping with Debts of the Dead, America’s Elderly are incurring unsecured credit card debt faster...
Coping with Debts of the Dead

Coping with Debts of the Dead

I’m remembering a Wall Street Journal report in a front-page article on how debt collectors are targeting spouses, family and friends of recently deceased in an effort to collect debt incurred by their loved ones. As part of the process described that seems to...