This is a one credit course designed to teach students the basic rights of consumers in various forms of consumer transactions. The course focuses on money law, money management, and the regulation of consumer credit and credit reporting.
Specific topics covered include the bank-customer relationship and the legal rights of bank customers, the legal issues surrounding credit and debit cards, predatory lending such as payday loans, rent-to own, title loans, furniture store scams, yo-yo car sales, and other high-rate consumer credit. It also covers identity theft, credit reporting and scoring, mortgage lending, investing and compounding, and retirement planning. It is designed to help students and their future clients become more educated about consumer credit, saving, investing, and overall financial health.