Are you financially literate? Option One Mortgage wants to
make sure the answer is “yes”. With so many Americans
going into debt and forced to default on their financial commitments,
Option One Mortgage feels it is more important now than ever
to give consumers the tools they need to understand the future
implications of their financial decisions today.
Option One Mortgage is pleased to provide consumers with
a variety of different types of information about mortgage
loans on its web site. The glossary of mortgage terms can
be particularly helpful for someone who is intimidated by
the esoteric vocabulary of home loans, or just wants to brush
up on some unfamiliar terms.
But beyond just educating its own customers, Option One Mortgage
wants to play an active role in making sure all consumers
are aware of their financial rights and responsibilities.
The company firmly believes that the best way to avoid taking
out too much debt is to be aware of the consequences.
That is why Option One Mortgage gives its support to organizations
that are designed to help consumers be savvier about credit
and debt. Through “BorrowSmart”, consumers can
learn about the benefits and risks of home equity loans; Option
One Mortgage also supports the “Jump$tart Coalition
for Personal Financial Literacy”, which is aimed toward
“Don’t Borrow Trouble” is a program designed
to keep people safe from “shady” lenders who try
to take advantage of consumers who do not know their rights.
Option One Mortgage knows that using credit responsibility
is something every consumer needs to think about. Though its
support for these organizations’ education efforts,
the company is hoping to stem the tide of current consumer