Consumer Awareness: Stopping Fraud Before It Starts
Consumer Awareness: Stopping Fraud Before It Starts
Making informed, sound financial decisions before finding yourself at risk for fraud should be the goal of every consumer. The resources here can help you learn how to make those choices.
The Consumer Financial Protection Bureau (CFPB)
The CFPB works to give consumers the information they need to understand the terms of their agreements with financial companies. They work to make regulations and guidance as clear and streamlined as possible so providers of consumer financial products and services can follow the rules on their own. Congress established the CFPB to protect consumers by carrying out federal consumer financial laws. Among other things, we:
- Write rules, supervise companies, and enforce federal consumer financial protection laws
- Restrict unfair, deceptive, or abusive acts or practices
- Take consumer complaints
- Promote financial education
- Research consumer behavior
- Monitor financial markets for new risks to consumers
- Enforce laws that outlaw discrimination and other unfair treatment in consumer finance
