Tennesseans Can “Get Smart” About Credit on Oct. 15

NASHVILLE – As questions about finances, debt and student loans grow more complicated every day, the financial world can seem intimidating, especially to young people who are just starting their financial lives and already have significant student debt.

As a consumer service, the Tennessee Division of Consumer Affairs reminds young people that the American Bankers Association Community Engagement Foundation can help by providing free personal instruction about finances from experienced banking professionals.

Every year, the Foundation’s “Get Smart About Credit” program is a national campaign of volunteer bankers who work with young people to raise awareness about the importance of using credit wisely. Credit education isn’t just about paying for college, credit cards and loans. Instead, it’s a much bigger task that encompasses budgeting, understanding a credit report and identity protection. Since 1997, the Foundation’s financial education programs have reached over 7.6 million young people with the help of more than 225,000 banker volunteers.

On Thursday, October 15, 2015, bankers in locations across Tennessee will host free presentations and activities to encourage consumers to use credit the smart way. Click here for more information about “Get Smart About Credit Day.”

The Division of Consumer Affairs warns consumers of all ages to be wary of debt management companies and credit service businesses that promise to improve your credit record, history, or rating. Visit www.tn.gov/commerce to file a complaint.

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