Event details:

Time frame: 60 min

 Presenter:  Jenny Parisotto, CPA

LEARNING OBJECTIVES FOR PARTICIPANTS:

• learn what credit is and how it works
• understand the difference between good debt and bad debt
• the cost of debt, particularly bad debt and only making minimum payments
• how payday loan companies operate and the cost of borrowing from them
• understand how debt can pile up and how this can have negative consequences on future financial plans
• learn how to take control of debt, including assessing the amount of debt, debt repayment options, dealing with creditors, and collection agencies and rules

OUTLINE:

• how credit works
• benefits and risks
• cost of buying on credit
• payday loan companies
• how debt accumulates
• how to take control of your finances (dealing with debt)
• resources
• Q & A