All consumers have rights, responsibilities, and remedies in the United States. In this module, you learned that in order to be a wise consumer, you need to protect yourself from unscrupulous people and companies by knowing your rights and responsibilities, safeguarding your information, and being aware of current methods of consumer crime. It's important for you to understand contracts and to seek reliable financial information to assist you in making important financial choices and decisions. The Federal Reserve System and other organizations protect consumers through regulation and enforcement and are advocates for consumers who have had their rights violated. In the next module, you will learn about making your money grow through saving and how the Federal Reserve System protects your money, as well as your rights as a consumer.
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