U.S. Sen. Carl Levin, D-Mich., U.S. Rep. John Dingell, D-Dearborn, and a group of federal agencies and local advocacy organizations are co-hosting a financial literacy workshop scheduled for April 13, from 2:30-5 p.m. at the University of Michigan-Dearborn’s Social Sciences Building, 4901 Evergreen Road in Dearborn.

U.S. Rep. John Dingell

U.S. Sen. Carl Levin

“According to the Federal Trade Commission,” read a statement from Levin’s office, “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.”
“Save Your Savings: A Free Financial Advice and Counseling Session” is intended to provide information on how to avoid credit and financial fraud, predatory lending, student loan scams, business opportunity fraud, credit card scams, mortgage foreclosure rescue scams and other investment activities. Financial counselors are also to be available on-site to provide free one-on-one advice. Free parking is available in the campus parking structure on Monteith Boulevard.

For more information on the seminar, call Levin’s Detroit office at 313.226.6020 or Dingell’s Dearborn office at 313.278.2936