LibraryScenariosHow banks exploit elderly customers with unnecessary services
Scenario

How banks exploit elderly customers with unnecessary services

I'm helping my elderly mother with her finances and discovered she's been paying monthly fees for services she doesn't use because the bank representative convinced her she needed them years ago.

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More people experience this than they realize.

What we've seen

Age-related cognitive changes and generational trust in institutions create opportunities for systematic exploitation disguised as customer service.

Ideas that help explain it
Worth thinking about

“Where Are You with How banks work?”

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