Given the current credit crisis, there’s never been a more important time to be an informed consumer. That’s why the American Bar Association Section of Business Law is launching its SafeBorrowing.com site today at its spring meeting in an effort to increase financial literacy.
A creation of the section’s Consumer Financial Services Committee, SafeBorrowing.com offers free information online to help borrowers better understand the risks and obligations of using consumer credit. The site is developed to include content crossing the credit card, home financing, student loan and automobile lending industries, creating a comprehensive, single-source site.