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Consumer Protection

It’s an unfortunate truth that there are those in society who prey financially on others, especially those who may be having financial troubles already, as well as low- to moderate-income people and the elderly. In addition, identity theft is becoming a widespread concern that crosses economic lines.

When your students need a loan or cash, there are many options out there. However, some options are better than others because some can lead to long-term financial problems for your students.

Help your students protect their hard-earned income and their credit ratings by choosing safe financial service providers. The ideas in this section will enable your participants to know what to look out for and make wise decisions.

For more information on consumer protection, see Research & Resources and Related Links sidebars.

 
RESEARCH & RESOURCES
Best and Worst Lenders 2003
2002 NAIHC Predatory Lending Study
NCRC Anti-Predatory Lending Toolkit
For more information contact the NFEC Coordinator
Coalition Initiative Activity
 
RELATED LINKS
National Community Reinvestment Coalition
National Foundation for Credit Counceling