High Cost Financial Services

While there are many excellent financial products available that can help you achieve your goals, there are a few loans, lines of credit, and services to avoid because of their expensive fees and problematic terms. To help you make wise borrowing and financial service choices, this program will cover:

  • Prime credit, subprime credit, and predatory lending
  • Types of subprime credit products: payday loans, finance company loans, expensive credit cards, car-title loans, and pawn shop loans
  • Types of fringe financial services: check-cashing services and rent-to own retailers
  • Recovery methods
  • Financial alternatives