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Government Agencies by Hittiebeth on 12-07-2016
Beth doesn't understand the use for government agencies so her dad tries to explain them to her
He's so boring
“Consumer protection regulatory agencies fight to ensure that individuals are treated fairly, receive the necessary information to make informed decisions, are protected against product hazards, and have the ability to use legal recourse if needed. ” Excerpt From: “Investing.” iBooks
Beth isn't buying it
Well have you actually ever even needed one?
Yes, actually the FDIC protects all of my savings and yours too up to $250,000 they insure all that money in case a bank were to fail.
Oh, that actually is a useful agency!
Yes and the CFPB makes sure that you have all of the needed information when choosing financial services such as your student loans.
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