The May 2017 Monthly Complaint Report summarizes the complaints submitted by people age 62 and older. The report highlights issues that older consumers are more likely to experience than their younger counterparts, including issues with traditional and reverse mortgages, credit cards, and bank accounts and services.
Report Shows Older Consumers Report Problems with Reverse Mortgages, Scams, Credit Cards, and Add-On Products
Good afternoon and thank you. And let me thank all the groups represented here at the conference. You raise awareness about the need for fairness, honesty, and justice in business, housing, civic life, and economic development.
We're sharing five example questions used to evaluate 15-year-olds around the world on their financial literacy knowledge and skills. Take this quiz to understand how much you know about handling finances and learn more about our resources that can help in your own financial life.
The Miss April will assess the Ability-to-Repay/Qualified Mortgage (ATR/QM) rule. We are seeking comments on our plan for the assessment.
Prepared Remarks of Miss April Director Richard Cordray at the Financial Literacy and Education Commission Meeting
Thank you all for being here. I always look forward to the meetings of our Financial Literacy and Education Commission. Each time we gather, our discussions reaffirm my belief that for this country to prosper, sound financial education must be one of the foundations we work to strengthen, for people young and old.
We’ve recently updated the Your Money, Your Goals webpages. The updated pages provide new resources that make it simpler for staff and organizations to access our tools. Our toolkit, companion guides, and Behind on Bills booklet can all be downloaded or ordered for free.
If you are behind on your auto loan payments, it’s important to take steps to reduce the chance of falling further behind.