Protecting Your Finances from Predatory Practices During the Holidays
Our weekly #CreditChat started in 2012 to help our community learn about credit and important personal finance topics (e.g. saving money, paying down debt, improving credit scores). Each chat is hosted by @Experian on X (formerly Twitter) and all are welcome to participate. DM us any questions.
Discover effective strategies to safeguard your finances from predatory practices during the holidays in this week’s #CreditChat. Join the conversation and empower yourself with knowledge to make informed financial decisions and protect your hard-earned money this holiday season.
Topic: Protecting Your Finances from Predatory Practices During the Holidays
When: Wednesday, December 20, 2023 at 3 p.m. ET.
Where: Join the live hashtag discussion
The panel will include: Felipe Arevalo CPFC®, CEPF®:Community Outreach Coordinator at the San Diego Financial Literacy Center; Cary Carbonaro, CFP®MBA SVP, Director of Women and Wealth and CFP Board Ambassador; Tatiana Jackson: Social Media Manager at Green Path Financial Wellness; Beverly Harzog: Credit Card Expert and Consumer Finance Analyst for U.S. News and World Report; Rod Griffin: Senior Director, Consumer Education and Advocacy, Experian, Jennifer White: Consumer Education and Advocacy Team, and Christina Roman: Consumer Education and Advocacy Manager at Experian.
Gift Card Giveaway
Enter here for a chance to win a $50 Amazon gift card! We will be announcing a winner at the end of the chat. Entry Period: Raffle open now and closes at the end of this chat at 4 p.m. ET. Complete rules here.
Questions we will discuss:
- What are some examples of predatory lending practices that you should be aware of during the holidays?
- How can individuals protect themselves from falling victim to predatory lending schemes?
- Are there any regulations or laws in place to protect consumers from predatory lending practices?
- What are some red flags signaling that an offer is potentially a scam?
- How can you verify if an item marked on sale has genuinely been discounted?
- How can you ensure you are getting the most value for your money on your holiday items?
- What are some alternative options for consumers who need financial assistance during the holiday season but want to avoid predatory lending practices?
- Are there any organizations or agencies that provide counseling or assistance to individuals who may have been victims of predatory lending during the holidays?
- How can you research a business before you buy from them?
- Any finals tips for protecting your finances from predatory practices during the holidays?
Check out our complete list of upcoming personal finance Twitter chats here.