Financial Literacy Month: PAYDAY LOANS & MOBILE PAYMENTS

Payday loans and mobile payment educationTwo Short Videos About Using Mobile Payment Features Safely and the Pitfalls of Payday Loans

April is halfway over and we’ve been busy sharing financial education blog posts to encourage everyone to take control of the finances this year (check out our budgeting blog post here).

We’re continuing our celebration of Financial Literacy month with two more topics from our free online financial education courses: effectively using mobile payments and the dangers of payday loans.

Both topics are presented as short videos, so grab some earphones and start learning!

Next up in our Financial Literacy Month series? VIDEOS: MOBILE PAYMENTS & PAYDAY LOANS

Understanding Mobile Payment OptionsMobile Payments:

Mobile payment makes paying for goods and services super convenient (this Apple Pay and Android Pay) in place of a physical card, but be sure to read the fine print on any fees from the app or your account for using this service. You’ll want to check the transactions on your bank account just like you do with a physical card, and always have other forms of payment like cash or a credit card in case the system isn’t available.

Click here to create your login and watch a short video about mobile payments.

Avoid Payday loans

Payday Loans:

There may be a time when you need short term financial assistance like those offered by payday loan companies. Before you resort to a payday loan, you need to understand the fees and risks involved. For example, did you know that many of these lenders will have direct access to your bank account?

Click here to create your login and watch a short video about why you should avoid using payday loans.

Are you celebrating Financial Literacy month?

Click here to create your login and get started on all TEN of our free financial empowerment modules and share this free resource with your friends and family.

Want more info on financial education? Check out our fiscal fitness bog post from New Year’s, or check out our events calendar for upcoming classes!