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Practical Tips to Avoid Financial Traps

Matz Urges Online Self-Education during National Consumer Protection Week
ALEXANDRIA, Va. (March 4, 2013) – With National Consumer Protection Week now under way, National Credit Union Administration (NCUA) Board Chairman Debbie Matz today reminded credit unions members and consumers to use NCUA’s many online resources to learn more about avoiding scams and protecting their financial well-being.
“Being well-informed is the best way for consumers to protect themselves,” Matz said. “NCUA’s MyCreditUnion.gov and Pocket Cents websites offer practical tips to avoid financial traps. They provide easy-to-understand advice so that consumers can make better decisions for their lifestyles and goals. Consumers should take full advantage of these valuable online resources not just during National Consumer Protection Week, but every week during the year.”
Matz also emphasized the importance of consumer empowerment through knowledge of consumer protection laws and access to financial literacy resources. To assist consumers in getting this information, NCUA recently debuted updated versions of its popular, free consumer website, MyCreditUnion.gov, and its financial literacy microsite, Pocket Cents.
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