Scams/Predatory Lending

This page compiles content from our website related to scams and predatory lending. It is organized into sections by where it appears on the site. Click on a heading below to jump to that section.

Newsletter Features

Web Resources

Partner Projects

 

Newsletter Features

Partnerships for Elder Protection

by Rachel Brown, Montana Credit Unions for Community Development

The Elder Justice Coalition of Greater Billings was formed on March 23, 2010 when representatives from over 35 community organizations met to discuss elder exploitation and abuse. The coalition, now formally named P.E.P. (Partnerships for Elder Protection), developed a strategic plan and mission to prevent elder abuse through community partnerships that promote awareness, education, and intervention in order to eliminate vulnerability and isolation of the elderly and adults with disabilities. Click here for the full story.

[Return to top]

Web Resources

Anti-Phishing Working Group

The Anti-Phishing Working Group (APWG) is the global, pan-industrial, and law enforcement association focused on eliminating the fraud and identity theft that result from phishing, pharming and email spoofing of all types.

OnGuard Online

OnGuardOnline.gov provides practical tips from the federal government and the technology industry to help you be on guard against Internet fraud, secure your computer, and protect your personal information.

Pay Day Loan Info

Consumer Federation of America’s information resource on payday lending for consumers and advocates. Information, calculators, Research and Reports.

Stop Internet Pirates

A website provided by the Comptroller of the Currency, Administrator of National Banks providing information for consumers to stop internet pirates from stealing personal financial information.

[Return to top]

Partner Projects

The following are partner projects we learned about through our partner projects page. Projects which discuss mini-grants received $500 mini-grants from MFEC.

Big Sky Senior Services

Funds will be used to teach employees of banks and credit unions throughout the state to recognize signs of financial exploitation of the elderly, and to take the necessary steps to report any suspicious behavior. The project will cast a wide net, reaching the roughly ten thousand employees of financial institutions in the state through a combination of presentations, mailings, and other channels. Click here for full story.

Montana Women Vote

Montana women Vote is working to expand consumer education on payday loans to the demographics targeted by the marketing of the payday lenders. The education takes the form of simulative trainings where participants experience how customers can fall into a “debt trap” by taking out these loans, and directs them to alternative financial services and assistance.

For more information on Montana Women Vote, please visit http://montanawomenvote.org/.

[Return to top]