Payday Lending Gains Favor Among Michigan Elderly Borrowers

Several microfinance institutions recorded an increase in the number of clients of retirement age in Michigan. Pensioners do not have enough money for current expenses, and banks are in no hurry to issue loans to older customers. Pensioners are increasingly turning to microfinance organizations for loans. This conclusion was introduced in Banking and Credit Union Corporate Activity Reports that analyzed the activity of older clients in the period from January to September 2022 compared to

Can An Elderly Person Get a Loan? Guide for Seniors

If an elderly person suddenly needs money, a loan for seniors is often the only way out of this situation. Indeed, these people belong to the most vulnerable social category. Yes, a pension is a permanent income. But, in most cases, its size makes it possible only to pay for utilities and buy groceries. Most seniors do not have savings. The situation is aggravated by the fact that most financial institutions are hesitant about providing

December 11th – The World Asthma Day

World Asthma Day is held every year on December 11th. The event was first held in 1998 by the World Health Organization in collaboration with a number of international organizations involved in research in the field of bronchial asthma. The goals of World Asthma Day are to increase knowledge of asthma among the population and patients, inform about prevention, identify new disease cases at an early stage, improve the quality of asthma healthcare. Daily, new

Research: How to Save on Long-Term Nursing Care for Seniors

Nursing homes certainly help older people spend their golden years with the greatest comfort. As a rule, such institutions have one or two full-time doctors who monitor the general health of the residents, examine them daily, monitor medication, and help in emergency situations. However, if a senior intends to spend several months or even years in a nursing home, then the cost of staying in such a “medical hotel” will be quite high. Recently, the