Understanding the Effects of Memory Loss on Finances

Understanding the Effects of Memory Loss on Finances | Rebecca Eddy

Failure to pay bills is a common early sign of memory loss; the longer it goes unidentified, the more troublesome credit card companies can be, as they may view erratic payments as a sign of risk. Managing bank accounts online may also prove difficult for those with signs of memory loss, especially since incorrect login attempts will be red flagged.

Janice had a favorite credit card which, because of memory challenges, she did not always pay in a timely way. When she finally brought her account current, the card company summarily canceled her card.

Click here to read Rebecca Eddy's full article...