Consumer Education Category: Consumer Loan Information
Consumer Loan Information
A consumer loan is any type of loan made by a creditor that is given to consumers to finance specific expenditures.
Types of loans
- Mortgages: finance the purchase of a house
- Credit cards: finance everyday purchases
- Auto Loans: finance purchase of a vehicle
- Student Loans: finance education
- Personal Loans: personal purchases
- Solar Panel Loans: finance solar panels
Consumer Resources from the CFPB
Consumer Financial Protection Bureau offers educational tools, answers to commonly asked questions, and guides consumers to make informed financial decisions.
https://afsaonline.org/ American Financial Services Association is the primary trade association for the consumer credit industry, always striving to protecting access to credit and consumer choice.
Financial Literacy Resources from the OCC
Financial Literacy Resource Directory provides crucial information on financial literacy education resources for all ages.
“Money Smart” From the FDICMoney Smart allows consumers of all ages to enhance their financial skills and better understand how to be “money smart.”
Consumer Solar Awareness from the U.S. Department of the Treasury The U.S. Department of the Treasury offers resources to spread awareness and information on solar panel loans.
Consumer Loan Information
Title and Lien Release Guidance
Title and Lien Release Guidance
A title lien release removes the lien claim once the loan is paid in full. When the full amount of loan is paid the lender will ‘release’ the lien and sign the title to the consumer.