Money Law 101
In this once a week recurring class we will study the laws governing: Debit Cards, Loan Agreements, Credit Reports, Credit Applications, Debt Collection, Scams, Complaints, and prepaid cards and will repeat the classes every 8 weeks.
New on Outschool
What's included
1 live meeting
45 mins in-class hours per weekHomework
I will offer a completion assessment based on the number of subjects covered upon requrest.Certificate of Completion
includedClass Experience
The class will cover the following topics on a rotating basis that will repeat every 8 weeks meeting one time a week: 1) Electronic Funds Transfer Act (EFTA)/Regulation E-Debit Cards/ACH; 2) Truth in Lending Act (TILA)/Regulation Z-Loan Disclosures/Loan Agreements; 3) Fair Credit Reporting Act (FCRA)/Regulation V-Credit Reports; 4) Equal Credit Opportunity Act (ECOA)/Regulation B-Apply For Credit; 5) Fair Debt Collection Practices Act/Regulation F-Debt Collectors; 6) Financial Scams and Fraud Prevention; 7) Complaints and Disputes-CFPB; 8) Prepaid Card Rule-Prepaid Cards. Every meeting covers a different body of law but stands on its and does NOT require attendance or knowledge of the other subject areas. In class we will cover the statute or the regulation for that day by first learning where to find it online. We will learn who it applies to, what protections or obligations are identified in it and what recourse is available if it is violated. We may watch short videos, or I will lead a discussion to get students this information. In class we will encounter a consumer with a problem that students will solve using that day's law either in a breakout group or on their own. Finally, we will come back together and discuss our solutions.
Learning Goals
Students will learn the Electronic Funds Transfer Act (EFTA)/Regulation E-Debit Cards/ACH.Students will learn the Truth in Lending Act (TILA)/Regulation Z-Loan Disclosures/Loan Agreements
Other Details
Parental Guidance
Students will utilize a complimentary Kahoot account for some activities outside of class and for class participation.
External Resources
In addition to the Outschool classroom, this class uses:
Sources
Students will access online resources using my Symbaloo Consumer Finance Webmix. https://www.symbaloo.com/home/mix/13ePC5JWPC.
Joined August, 2024
New on Outschool
Teacher expertise and credentials
3 Degrees
Juris Doctor in Finance from Georgia State University College of Law
Master's Degree in English Language and Literature from University of Tennessee
Bachelor's Degree in Education from Clarks Summit University
With 20 years of experience as a consumer finance attorney, I have managed legal and compliance departments for companies that offer a wide range of heavily regulated consumer finance products, encompassing all aspects of financial transactions available to consumers. My responsibilities included the development of compliant products, employee training, consumer interactions, complaint resolution, law enforcement reporting, and handling examination requests. I have also actively overseen more than 200 independent audits from state, federal, and third-party entities, ensuring compliance in areas such as:
1. **Equal Credit Opportunity Act (ECOA)**: Overseen by the **Consumer Financial Protection Bureau (CFPB)**.
2. **Home Mortgage Disclosure Act (HMDA)**: Also overseen by the **CFPB**.
3. **Electronic Fund Transfers Act (EFTA)**: Overseen by the **CFPB**.
4. **Fair Debt Collection Practices Act (FDCPA)**: Overseen by the **CFPB**.
5. **Truth in Lending Act (TILA)**: Overseen by the **CFPB**.
6. **Truth in Savings Act (TISA)**: Overseen by the **CFPB**.
7. **Real Estate Settlement Procedures Act (RESPA)**: Overseen by the **CFPB**.
8. **Fair Credit Reporting Act (FCRA)**: Overseen by the **Federal Trade Commission (FTC)**.
9. **Privacy of Consumer Financial Information (GLB Act)**: Overseen by the **FTC**.
10. **Payday, Vehicle Title, and Certain High-Cost Installment Loans Rule**: Also overseen by the **CFPB**.
I have had the privilege of presenting and teaching at institutions such as the FDIC, Federal Reserve Bank, and OFAC, a branch of the US Treasury. My work has been published in numerous articles on the subjects taught in this class, and I am eager to share my real-life experiences with your learners.Reviews
Live Group Class
$15
weekly1x per week
45 min
Live video meetings
Ages: 14-18
2-10 learners per class
