As you may or may not be aware of, National Consumer Protection Week kicked off this past Sunday and will continue well into Saturday. This week supports Americans in an effort to educate consumers about their rights and help them to make well-informed financial decisions.
Already 13 years strong, National Consumer Protection Week was created to provide consumers with information tools that could help them protect their privacy online identity, manage their finances, understand their mortgages and detect frauds and scams.
In the spirit of this year’s theme, “Your Information Destination,” the initiative’s government-sponsored website includes the following tools:
- Loan Modification Scam Alert: This website provides consumers with the tools needed to detect scams offered to them by loan modification or foreclosure companies, as well as real-life accounts of those who have been affected by these type of scams.
- Econsumer.gov: A website dedicated to helping consumers file complaints related to cross-border transactions. The initiative was launched in 2001 and 26 countries around the world currently participate in it through their respective consumer protection bureaus.
- Money Matters: A website launched by the Federal Trade Commission as a resource to provide consumers ways to address money issues like credit cards scams, money management and dealing with debt.
- Reboot.fcc.gov: Run through the Federal Communications Commission, this website is great for parents interested in finding ways to keep their children safe in today’s ever changing media environment. Its tools include an educational program finder, and information on how excessive television viewing can contribute to childhood obesity.
“Consumer education is vital to protecting American families and preserving economic health in the United States” said President Barack Obama in a March 4th proclamation regarding NCPW. “When fully informed about the potential risks in the marketplace and their rights as consumers, Americans are better able to recognize misinformation, scams, and abusive and deceptive practices that can endanger individual economic security and erode the prosperity of our communities.”
In addition to using the tools provided on Ncpw.gov, make sure to check out MyBankTracker.com’s online tools to help you find the best rates on credit cards, CDs, checking and savings accounts. And, make sure to ‘like’ us on Facebook and follow us on Twitter to receive daily money-saving tips all year round.