Protect

You've probably been receiving privacy notices from banks and other financial companies. This article explains the federal law that require the notices and that protect your financial privacy. These laws give you the right to stop (opt out of) some sharing of your personal financial information. The laws also require that you will receive privacy notices from your financial institutions.

If you don’t make timely payments on the vehicle, your creditor may have the right to “repossess” — or take back your car without going to court or warning you in advance. Your creditor also may be able to sell your contract to a third party who may have the same right to seize the car as the original creditor. This website discusses the requirements for seizing and reselling your car for nonpayment. It explains deficiency - the difference between what you owe on your loan and what your creditor gets for reselling your car.

Your liability for fraudulent credit card charges is $50, but that doesn’t stop scam artists from peddling “loss protection” services.

The Equal Credit Opportunity Act prohibits credit discrimination on the basis of race, color, religion, national origin, sex, marital status, age, or because you get public assistance.

Federal law limits your liability if your credit, ATM, or debit card is lost or stolen, but your liability may depend on how quickly you report the loss or theft.

This website presents the computer-based Money Smart curriculum -- a comprehensive financial education curriculum designed to help individuals outside the financial mainstream develop financial skills and positive banking relationships. The Money Smart Computer-Based Instruction (CBI) is a friendly and easy to  use  learning tool that teaches the 10 modules of the Money Smart curriculum through a computer.

This website, and downloadable brochure, provides information on how mortgage modification programs can help those at risk of foreclosure save their home.

This website presents the Money Smart Train-the-Trainer Videos, which are available in English and Spanish. The videos are designed for those who are interested in teaching financial education to others.

The FDIC -- along with fellow regulators and the banking industry -- is working vigorously to help consumers and the banking industry avoid unnecessary foreclosures and stop foreclosure "rescue" scams that promise false hope to consumers at risk of losing their homes.This website provides information that may be helpful to consumers, financial institutions, and the community groups working with them on foreclosure-related issues.

This website provides information that may be helpful to consumers, financial institutions, and the community groups working with them on foreclosure-related issues.