B47 | Do you feel like you have been taken advantage of on a major financial transaction in the last 3 years (such as by losing a large sum of money, paying more than you should have, or buying a product you didn't want)? Major means at least $1,000. | taken advantage of in financial ways |
B48 | In what ways did you think you were taken advantage of? Please choose all that apply. | The terms of the transaction were unclear |
B48a | When you noticed that you were being taken advantage of, did you report and/or submit a complaint to a local, state or federal agency? | report fraud |
B48b | Did anyone help you resolve your problem? Please choose all that apply. | I did not receive help |
B49 | In the last 3 years have you made a major (greater than $1,000) financial transaction that you later regretted? For example, you bought something that you did not need/like or made an investment that you regretted. | regretted major financial transaction past 3 yrs |
B49a | Why did you regret this transaction? Please choose all that apply. | I couldn’t afford the product or service |
B50 | In the last 3 years have you entered into a major (greater than $1,000) financial transaction that you did not completely understand at the time? | not understood major financial transaction past 3 yrs |
B51 | What parts of the transaction did you not understand? Please choose all that apply. | How much it would cost me (i.e. payment, interest rate, total cost) |