Loans

Consumer loans come in all shapes and sizes. As you might imagine, they form an enormous sector of the economy that grifters and scammers can find irresistible. In California, DFPI is central in ensuring lenders operate fairly, transparently, and in compliance with state laws and regulations. And that’s something that can help every Californian breathe easier.

Other Useful Links:

• Protect your money. Know your rights: This resource should be your first stop when it comes to protecting your money and knowing your rights in California. Find numerous educational resources and important contacts in the event you think you’ve been taken advantage of.
• Bureau of Consumer Protection: The Bureau of Consumer Protection collects and investigates reports from consumers of unfair and fraudulent business practices, suing companies and people who break the law, developing rules to maintain a fair marketplace, and educating consumers and businesses about their rights and responsibilities.
• Industries Regulated by DFPI: What may sound like an impossibly dry and boring web page is actually a valuable and even fascinating guide where you can learn about how the financial industry in California actually works.
• Debt: A Guide for New Americans: If you come from a culture where cash is king, debt may sound forbidding, but managed correctly, debt can help you achieve your American dreams. If you need more guidance in understanding credit, check out Consumer Financial Education: Credit and Credit Reports or check out our CalMoneySmart grantees that specialize in financial education and empowerment.