United States Center for Consumer Finance Education
The mission of the United States Center for Consumer Finance Eduction is:
We see it everyday in our communities. American families are struggling with the effects of poor economic education and poor economic planning. But rather than focus on helping people make better decisions, the focus of the media is on increasing consumption and encouraging families to go further and further into debt.
The United States Center for Consumer Finance Education is a non-governmental organization (or NGO) devoted to the non-political goal of improving the financial knowledge of American households. The USCCFE hopes that by improving consumer’s knowledge, they can make the correct financial decisions for themselves and pass along strong financial tools to their children.
The United States Center for Consumer Finance Education is not in the position of telling others how to handle their finances. Instead, the USCCFE’s mission is much simpler. By providing objective information and access to quality websites, the USCCFE hopes to ensure that when American consumers make financial choices, they are able to do so from a position of strength.
For example, many would argue that a payday loan is always a bad choice because the fee for the use of money is really an exorbitant interest rate. That is easy to say when it isn’t your child who is going without food. Sometimes the right choice in the short term is a poor long term choice. Everyone is entitled to make their own choices. We just want them to make those choices with their eyes open.
Gathering information from the Federal Trade Commission, the Federal Reserve Bank, the Treasury Department, and Consumer Protection Departments throughout America, the United States Center for Consumer Finance Education brings the best and most current information to the American consumer.