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Bankers Educate Teens On Credit Basics
- Article from:
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US Fed News Service, Including US State News
- Article date:
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July 21, 2008
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Copyright informationCopyright © HT Media Ltd. All Rights Reserved. Provided by ProQuest LLC. (Hide copyright information)
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The American Bankers Association issued the following news release:
With many citing poor money management as a cause for bankruptcy and more than half of teens preferring credit over cash, financial education is needed now more than ever. In response, on Oct. 16 bankers will teach teens the dos and don'ts of credit as part of the ABA Education Foundation's sixth annual Get Smart about Credit Day.
"The need is great and the time is now to educate teens on how to use credit," says Stephen Martin, chairman of the ABA Education Foundation and vice president of public relations and marketing for Canandaigua National Bank & Trust, Canandaigua, N.Y. "I commission all bankers to join me in ...
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