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Money Matters: Loan to Own


March 27, 2013

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The New York Public Library's Money Matters series are made possible thanks to the generous support of The McGraw-Hill Companies' Financial Literacy Now: New York campaign.

By the end of this seminar, participants will understand the characteristics of consumer installment loans. To achieve this objective, the participants will be able to: identify various types of installment loans, identify the factors lenders use to make home loan decisions, explain federal laws that protect you when applying for a loan, identify the questions to ask when purchasing a car, explain why installment loans cost less than rent-to-own services, explain why it is important to be wary of rent-to-own, payday loan, and refund anticipation services; explain how to guard against predatory lending practices.

Presenter Steven Poppel

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  • Audience: Adults