The Consumer Financial Protection Bureau released a consumer advisory Tuesday that warns of the potential dangers of pension advances, and provided a list of guidelines for those considering advances to help them proceed with caution.

Pension advances are offers of a loan or cash advance in exchange for some or all of a retiree’s future pension payments. The CFPB guidelines, titled “3 Pension Advance Traps to Avoid” advises, first and foremost, that those considering a pension advance to explore alternatives and consult with a financial professional to weigh their options. There are non-profit credit counseling agencies with sliding-scale fees for those in difficult financial situations.

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