Successful Budgeting & Financial Planning for the New Year
Financial literacy is a valuable life skill that helps us make smart financial decisions. The better we understand the complexities of the financial world, the more empowered we are to take control of our finances and avoid financial scams and fraud. Budgeting is a solid first step in building financial stability. Follow these tips to get started. Read more.
Understanding and Building Your Credit in the U.S.
In part three of our Basic Banking and Credit for New Americans series, learn about credit scores and how they affect your access to loans and other types of credit. Follow these tips, and you'll be well on your way to establishing a good credit score.
The DFPI hosts a monthly consumer financial education webinar exploring a new topic every month. Each 30-minute webinar includes guest speakers and a Q&A session. Watch the series on the DFPI YouTube channel. For more events happening in your community, visit theDFPI Events Calendar.
How to Build Generational Wealth
Feb 7, 12 – 12:30 p.m. | Virtual
Building generational wealth involves making strategic financial decisions over time to accumulate assets and resources that can be passed down to future generations. Join this webinar to learn how to build and maintain generational wealth. Register online.
Protect Yourself from Fraud –DFPI has updated our most popular consumer education resource, Protect Yourself from Fraud. This highly valued consumer guide includes critical information on how to spot, prevent, and report financial fraud, with lots of useful tips, links, and resources. Coming soon in Spanish and other languages. Download it for free.
CONSUMER ALERTS & ENFORCEMENT ACTIONS
Action Against Credova for Hidden Junk Fees–DFPI announced that it has issued a consent order against Credova Financial, LLC (Credova) for allowing third-party servicers to charge inadequately disclosed convenience fees for installment contracts originated on its online platform. The order is part of an effort to protect consumers from hidden “junk fees” using the California Consumer Financial Protection Law (CCFPL).
