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Consumer protection is the practice of protecting consumers from unfair practices in the marketplace. Consumer protection measures are often established by law and efforts for consumer protection are also undertaken by non-governmental organizations. Consumer protection laws are designed to prevent businesses that engage in fraud or specified unfair practices from gaining an advantage over competitors or consumers of a certain product or goods.
Finally, financial disagreements fully mediated the association between perceptions of financial inequity and divorce. "content") are associated with marital process.
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The Consumer Financial Protection Bureau (CFPB) is an agency of the United States government responsible for consumer protection in the financial sector.
Financial services company Fidelity Investments sought to find out how divorce can impact the overall well-being of consumers’ finances . To do so, they surveyed 1,107 adults between the ages of 25 and 75 who had divorced a spouse within the past six months to 10 years. The good news is many respondents implemented better financial strategies as they moved forward after divorce. In fact, 60% of those respondents who have since remarried say they are now more involved in the management of their day-to-day finances, and 35% say they are now more involved in managing long-term savings and investments.
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It’s a legal requirement of all divorcing couples: Each spouse must openly .
It’s a legal requirement of all divorcing couples: Each spouse must openly and honestly disclose all assets (and income, expenses and debt). In fact, according to the National Endowment for Financial Education, about one-third (31 percent) of US adults who combined assets with a spouse or partner say they have been deceptive about money, and women are more likely than men to say their partner or spouse lied to them about finances, debt, money earned (65 percent vs. 47 percent respectively).