Consumer Insights 2022

Crypto: What You Should Know Right Now

The DFPI is regularly monitoring the most pressing crypto-related questions. We provide answers to some of the top questions being shared online and resources for investors.

Checking Your Credit – What You Need to Know

Your credit report is an important part of your financial life that determines whether you can get credit and how much it costs you to borrow. Whether you have “good” or “bad” credit is based on your credit history. Find out what your credit history looks like by checking your credit report.

Safer Shopping Means Happier Holidays

Like millions of Americans, you are probably planning to buy many of your holiday gifts online. Follow this guide to protect yourself from common holiday and online shopping scams.

Social Media Finfluencers – Who Should You Trust?

Financial influencers or “finfluencers” use social media platforms to distribute financial information and advice. Consumers should be aware of the risks involved with taking advice from unlicensed financial advisers.

Financial Abuse Is Domestic Abuse

Financial abuse is the most pervasive form of domestic abuse. Learn how to identify financial abuse, how to protect yourself, and how to help others who are experiencing it.

High Yield Investment Programs (HYIPs) – Don’t Get Scammed

High Yield Investment Programs (HYIPs) are Ponzi schemes that promise passive income and high returns in short periods of time. HYIPs often involve crypto and rely on investors to recruit more investors. These schemes appear as if they’re operating as legitimate investments for a while, but beware! It’s only a matter of time until they collapse and disappear with your money!

Beware of Fake Debt Collectors!

The Department has seen an increase in complaints involving fake debt collectors attempting to collect on false debts. We have provided some simple steps to avoid falling victim to a debt collection scam.

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Last updated: Jan 31, 2023 @ 5:15 pm