Choosing and Using Credit Wisely

The way we manage our credit and debt affects how much we pay for credit (i.e. interest rates), our ability to be qualified for more credit, and even employment opportunities and how much we pay for car insurance.

Participants will learn:
-Different types of loan products
-Places to shop for loans
-Ways to avoid predatory loans, as well as
-How to use credit wisely and manage debt.

This class is provided by:
Bank on Gaithersburg, www.gaithersburgmd.gov/bankon, in partnership with Family Services, Inc.,www.familyservicesagency.org.

Bank on Gaithersburg offers a pathway to bank account ownership. A campaign of the City of Gaithersburg, this program has partnered with local banks and credit unions to offer residents free and low-cost options for checking and savings accounts and to help individuals: stay on budget, successfully manage bank accounts, improve credit rating, and pay off debt. Additionally, Bank on Gaithersburg works with financial professionals to deliver free and unbiased financial education.