Monday, March 4, 2013

CFPB

http://www.consumerfinance.gov/fair-lending/

1. What would you do if you were a victim of credit discrimination?
Report it



2. What are your new rights under consumer credit laws?

  • Refuse you credit if you qualify for it
  • Discourage you from applying for credit
  • Offer you credit on terms that are less favorable, like a higher interest rate, than terms offered to someone with similar qualifications
  • Close your account


  • 3. Will you ask a parent or friend to Co-sign a loan with you?

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