March Madness is fully underway, but brackets aren’t restricted to the basketball court. The fifth annual Financial Four is here, via the National Endowment for Financial Education and the Financial Planning Association. The site helps users decide which financial areas are most important for them this year with 32 interactive brackets. Based on the votes of financial advisors, the 2016 Financial Four — that is, concepts Americans should make top priorities this year — are to start saving early, use credit responsibly, live within their means and rein in debt. That sounds pretty good to me. You can figure out your own Financial Four here. - Jean Chatzky.
Credit Reports and Scores
Feed the Pig
Association for Financial Empowerment
Get a Free Credit Report Three Times a Year
Tracking Cash Expenses
Know Your Card
Manage your Social Security Online
Consumer Financial Protection Bureau
Jean Chatzky: Making Money Make Sense
Healthy Housing Standards
Estimate Your Credit Score
How to Prevent Identity Theft
How long will it take to pay off your credit card?
Owning a Home
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Keeping Family/Household Records
Consumer Action News (mobile payments)
Mobile Payment Security
RESOURCES FOR FINANCIAL CAPABILITY MONTH
Did you know that April is Financial Capability Month? To help you prepare for Financial Capability Month, we are sharing resources on the most common consumer complaints that we receive. Each day consumers come to the CFPB looking for answers to their questions about consumer financial products and services and to submit complaints when they encounter problems with those products and services. Debt collection, credit reporting and mortgage complaints have been the most common types of complaints submitted by consumers in each of the last three years. The CFPB has resources for consumers on each of these topics.
1.Resources on debt collection
2. Resources on credit reporting
The CFPB has tools on credit reports and scores that you can share with the people you serve, including:
Where to find free access to a credit score:Handout providing information on obtaining free credit scores, and listing companies that said they offer existing credit card customers free access to one of their credit scores.
3. Resources on mortgages
The CFPB has tools on mortgages that you can share with the people you serve, including:
Buying a House: An online suite of tools and resources to help consumers navigate the home-buying process. The tools included in Buying a House are:
oLoan Estimate explainer helps consumers review their Loan Estimate and get definitions for unfamiliar terms.
oClosing Disclosure explainer helps consumers double-check that all the details in a Closing Disclosure are correct.
oExplore interest rates allows consumers to explore lending data from real lenders, updated every business day in the evening.
oClosing checklist helps consumers prepare for closing, one of the most important parts of the home-buying process.
oGuide to closing forms provides descriptions of four important closing forms: the Promissory Note, the Mortgage/Security Instrument, the Initial Escrow Disclosure, and the Right to Cancel form.
Your Home Loan Toolkit:that can help homebuyers get the best mortgage for their situation, understand the closing costs and what it takes to buy a home, and a few ways to be a successful homeowner.
Last updated January 8, 2019