Financial Literacy, Module 4

THINK RICHLY: LEARN TO EARN!

Module #4: Predatory Loan Sharks BITE!

" loss of banking privileges and collection actions are among the most common penalties for a checking account overdraft. In some cases criminal charges may be filed. The longer a bad check goes unpaid, the more serious the consequences can become" quoted by WiseGeek

Module 4 of 10 short modules teaches economically disadvantaged middle and high school youths about financial literacy issues such as preventing and recovering from identity theft, private versus government student loans, avoiding predatory loan shops, applying for vocational schools and colleges, writing scholarship essays, FAFSA, credit card management, etc.

For nearly a year SAFF and technological, creative, educational, and financial literacy partners have been developing web-based systems to use the very technology that kids today have relied on so heavily – mobile and web devices.

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