IowaIowa

Consumer & Finance

Legal Information

  • Creditor Threats - Are They for Real?

    Health problems, car accidents, and credit cards can make it tough to pay your bills. Creditors and debt collectors may contact you and threaten to take your income and property. You should know that federal and Iowa law protect certain property from being taken by most of your creditors Read More

    By:
    Legal Hotline for Older Iowans
    Read this in:
    Spanish / Español
  • US Senate Special Committee on Aging Fraud Hotline

    Investigations and referrals of issues of fraud concerning retirement savings, identity theft, phone scams, Medicare, Social Security, and a variety of other consumer issues important to seniors and the elderly. Read More

    By:
    United States Senate Special Committee on Aging
  • How to Hire a Trustworthy Contractor

    A good contractor is the key to a good home repair project. In planning for the project, this information will help you. Read More

    By:
    Iowa Legal Aid
  • Should You Take Your Pension In A Lump Sum?

    Some companies offer to cash out the pensions of certain retirees and instead give them one lump-sum payment. Read this information on lump sum payments and how they could negatively affect your retirement finances. Read More

    By:
    Legal Hotline for Older Iowans
  • Financial Matters for Older Iowans

    Many older Iowans may find themselves in unfamiliar territory when it comes to financial matters, especially after the death of a spouse who handled the family's finances. Read More

    By:
    Legal Hotline for Older Iowans
    Read this in:
    Spanish / Español
  • Funeral Purchases - Protections Under The FTC Funeral Rule

    Your funeral may be one of the most expensive consumer purchases you or your family ever makes. To avoid overspending, it helps to understand your rights under the "Funeral Rule" enforced by the Federal Trade Commission (the "FTC"). Read More

    By:
    Federal Trade Commission
    Read this in:
    Spanish / Español
  • Is Your Social Security Safe from Debt Collectors?

    With several important exceptions, your social security check is safe or "exempt" from claims of creditors. The money in your account, however, may not be automatically protected. You might need to tell or prove to the creditor or bank that your money is from social security and is exempt. Read More

    Read this in:
    Spanish / Español
  • Pre-Need Funeral Arrangements - Pros and Cons

    There are many advantages to planning and paying for your funeral in advance. Iowa law has a number of provisions that protect consumers who make pre-need funeral arrangements. Read More

    By:
    Legal Hotline for Older Iowans
    Read this in:
    Spanish / Español
  • Just Say "No" to Unwanted Door-to-Door Sales

    While there are reputable businesses that sell door-to-door, many use high pressure and assorted tricks to get your money. The best way to deal with a salesperson who is selling something you don’t need or want is to just say “NO”! Read More

    By:
    Legal Hotline for Older Iowans
  • Payday Loans - a Convenience You Can't Afford!

    The use of "payday loans" (also sometimes known as "cash advance loans," "check advance loans" or "delayed deposit checks") has become a ritual for many working Iowans, including the elderly. Unfortunately, the Iowans using these types of services do not realize what the service is costing them. Read More

    By:
    Iowa Legal Aid
    Read this in:
    Spanish / Español
  • Predatory Lending - Don't Be a Victim

    Predatory lenders take advantage of unsuspecting consumers by marketing and making mortgage loans with vastly inflated interest rates and fees and other burdensome terms. Predatory lending is a serious problem throughout the country, one that can leave you penniless and homeless. Read More

  • Property Tax Suspension for People Who Get SSI

    Many people with a disability own or are buying their homes. Iowa law allows people who get Supplemental Security Income (SSI), or State Supplemental Assistance (SSA), or live in a health care facility, to get their property taxes suspended. Read More

    By:
    Legal Hotline for Older Iowans
    Read this in:
    Spanish / Español
  • Rent Reimbursement and Property Tax Credits

    Each year, Iowans who are elderly or have a disability may be able to get a property tax credit on their home and rent reimbursement on apartment or mobile home lot rent. Read More

    By:
    Legal Hotline for Older Iowans
  • The Basic Rules of Credit Cards

    Credit cards should only be used as a source of funding for emergencies such as car repairs, or for short-term loans for large purchases only. Before using your card to make a purchase, think about where the money will come from to pay it off. All who use a credit card should know the basic rules of credit cards. Read More

  • Payday Loans: Too Pricey To Be Helpful

    Payday loan businesses extend credit by giving cash in exchange for a check which is dated for some time in the future, also called a post-dated check. The lender charges a “service charge.” This “service charge” is the profit for the business and works like interest on your loan. This is often as much ten times higher than the annual charge on a loan from a bank. Read More

    By:
    Iowa Legal Aid