Senior Issues

Fire sprinklers should be viewed as a necessary investment in protecting the safety of vulnerable residents. CFC supports AB 462 (Stone), overdue legislation that will save lives.

The commercials make it look enticing. But what they do not make clear is that a reverse mortgage is debt, and one of the most expensive forms of credit available.

Consumer Federation of California is part of a coalition of advocates working to enact a package of bills regarding abuse, neglect, and exploitation of older persons.

FTC has gotten the court to shut down a company that used deception and threats to induce elderly consumers to pay for medical alert systems they neither ordered nor wanted.

A decade after California launched its Amber Alert program, which enlists citizen help in searching for missing children, the state will add a similar program for another at-risk groups: its elderly.

Helping older Americans make sound money decisions and protecting them from financial predators needs to become a top-tier objective of seniors' groups and government agencies charged with looking out for the welfare of the nation's growing elderly population. This is easier said than done, as was emphasized in a report last week from the Government Accountability Office (GAO) on elder financial abuse.