Detroit, MI - While Consumer Alerts have been issued here previously on Real Estate and Landlord Scams, other Online Scams are becoming increasingly popular and many specifically target older generations, making these individuals more vulnerable.
Bankrate, a website known for providing rate comparisons and financial guidance, is providing a Guide about Reverse Mortgage scams and what to be aware of when considering this equity incentive that is exclusively beneficial to those 62 and older.
At MetroDetroitToday.com, we feel this issue is of great importance and have decided to provide a link to this important guide. Please see: https://www.bankrate.com/mortgages/reverse-mortgage-scams/ (opens in new window).
See previous articles on scams published here:
- Consumer Alert Reissued In MI On Fake Landlord Scams
- See Other Articles on Metro Detroit Today tagged "Scams":