What is one primary focus of the South Carolina Department of Consumer Affairs?

The primary focus of the South Carolina Department of Consumer Affairs is to provide consumer education on financial products. This emphasis on consumer education reflects the department's commitment to equipping individuals with the knowledge they need to make informed choices regarding financial services, including mortgages. By enhancing consumers' understanding of the financial products available, the department aims to empower individuals to navigate the complexities of lending and borrowing more effectively.

In addition to this focus on education, the department plays a critical role in protecting consumer rights and ensuring fair practices in the marketplace. While regulating mortgage brokers and similar entities is also part of its role, the overarching goal is to educate consumers so that they can recognize their rights and make sound financial decisions. This proactive approach can help prevent issues like predatory lending and scams, thus fostering a healthier financial environment for South Carolinians.