A Free Financial Advice and Counseling Session
Monday, April 13, 2009 from 2:30 p.m. to 5:00 p.m.
Social Sciences Building
University of Michigan-Dearborn campus
4901 Evergreen Road, Dearborn, Michigan.
Congressman John D. Dingell and Senator Carl Levin are co-hosting this workshop in collaboration with a group of federal government agencies and local consumer advocacy organizations.
According to the Federal Trade Commission (FTC), consumers conduct some type of financial transaction requiring an educated decision every day: shopping for a mortgage or auto loan; understanding and reconciling credit card statements and utility bills; choosing savings and retirement plans; comparing health insurance policies; understanding their credit report and how it affects their ability to get credit and at what cost; or simply deciding how to pay for a purchase. Education is undoubtedly the first line of defense for consumers when it comes to protecting themselves from frauds or rip-offs.
Too many Michigan consumers have fallen victim to confusing or crooked financial schemes. We believe it is imperative that the community be armed with information that will help them make sound decisions when it comes to their finances. This free seminar on April 13th will provide information on how to identify and avoid credit and financial fraud, predatory lending, student loan scams, business opportunity fraud, credit card scams, mortgage foreclosure rescue scams and other unscrupulous investment activities. There also will be financial counselors on site to provide free one-on-one advice after the event.
I encourage you to share this information with anyone you believe might benefit. The seminar is free and open to the public. Free parking is available in the parking structure located on Monteith Boulevard on the University of Michigan-Dearborn campus; campus maps and directions can be found at: http://www.umd.umich.edu/maps_directions/ .
According to the Federal Trade Commission (FTC), consumers conduct some type of financial transaction requiring an educated decision every day: shopping for a mortgage or auto loan; understanding and reconciling credit card statements and utility bills; choosing savings and retirement plans; comparing health insurance policies; understanding their credit report and how it affects their ability to get credit and at what cost; or simply deciding how to pay for a purchase. Education is undoubtedly the first line of defense for consumers when it comes to protecting themselves from frauds or rip-offs.
Too many Michigan consumers have fallen victim to confusing or crooked financial schemes. We believe it is imperative that the community be armed with information that will help them make sound decisions when it comes to their finances. This free seminar on April 13th will provide information on how to identify and avoid credit and financial fraud, predatory lending, student loan scams, business opportunity fraud, credit card scams, mortgage foreclosure rescue scams and other unscrupulous investment activities. There also will be financial counselors on site to provide free one-on-one advice after the event.
I encourage you to share this information with anyone you believe might benefit. The seminar is free and open to the public. Free parking is available in the parking structure located on Monteith Boulevard on the University of Michigan-Dearborn campus; campus maps and directions can be found at: http://www.umd.umich.edu/maps_directions/ .
For more information on the financial literacy seminar, please call Senator Levin's Detroit office at 313-226-6020 or Congressman Dingell's Dearborn office at 313-278-2936.
