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Good money management protects consumers from scams and fraud |
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You can pay for that car or boat with an Amazon gift card! You’ve won a prize but you have to pay a fee to claim it! And there’s a new government program that will pay all of your monthly bills! These are just a few of the scams targeting American consumers recently.
As we kick off National Consumer Protection Week—a time to help people understand their rights—we highlight some of the work our network organizations do to protect people from scams and educate them about good money management. |
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Keeping Asian seniors safe from scams and financial predators |
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Asian-Americans are the fastest-growing ethnic group in the United States, but many face barriers even after living here for many years. Asian seniors, in particular, struggle to understand and access services and can become easy targets for scammers. Network member Little Tokyo Service Center (LTSC) in Los Angeles was formed to fill this gap.
Excerpted from NeighborWorks Works: Practical Solutions from America's Community Development Network |
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Pennsylvania students get “reality check” in money management |
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NeighborWorks Western Pennsylvania helps students confront the reality of paying bills and learn how to properly manage their money. The group hosted a program in which students participated in a crash course in managing monthly incomes, credit scores and bills. |
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Homeownership program holds 50th event |
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LIFT (Let’s Invest for Tomorrow) held its 50th launch event in Las Vegas March 3-4, offering down-payment assistance to qualified borrowers. The collaboration between NeighborWorks America and Wells Fargo has invested more than $332 million to help more than 13,000 individuals become homeowners. |
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