Attorney, Division of Consumer & Business Education, FTC
You’re about to rent an apartment. You’ve saved for your security deposit and lined up a moving truck. But have you checked your credit report? Landlords may, so you should too. If a landlord does a background check, here are some things to know about your rights.
You dream about buying a house, but you can’t — at least not yet. Maybe you don’t have the money for a down payment, or you’ve had problems with your credit. But what if someone offered you a chance to eventually own the house you’re renting?
You might be told it’s a chance to “stop throwing money away on rent.” But we’ve heard that many people who thought these deals were a path to owning a home watched their dreams disappear instead.
If you’re in the military, your financial decisions can have long-term effects on your family life, security clearance, and mission readiness. In fact, the Department of Defense (DoD) has said that financial readiness is a critical part of the force’s mission readiness. It makes sense: when you know how to manage your money – and how to spot a rip-off – you’re more financially solid. And that helps keep you mission-ready.
Many people who don’t have bank accounts rely on prepaid debit cards, which you buy and add money to so you can make purchases and pay bills. But the FTC says thousands of NetSpend prepaid debit card holders had trouble getting access to cash they loaded onto the cards, or to direct deposits from their paychecks or government benefits.
The U.S. population is getting older and more diverse. Who are the consumers of the future? How will scammers try to trick them? On December 6, 2016, consumer groups, advocates, researchers, marketers, and government agencies will gather to explore the demographic changes expected in different communities, and discuss the impact of these changes in the marketplace.
The FTC offers free materials to help people understand money issues. So when teachers from across the country meet annually to improve their own financial literacy, and increase their ability to teach personal finance in school, we’re ready to help.