Jones Hosting Free Workshop to Help Families Better Understand Credit, How to Create a Budget

CALUMET CITY, Ill. – As credit card companies and banks continue to make rules that disadvantage middle-class families, state Rep. Thaddeus Jones, D-Calumet City, is working to help local residents navigate confusing policies and avoid costly scams by hosting a free Financial Literacy Workshop this month.

“Too often, big banks, credit card companies and other lenders make rules that are deliberately confusing and put middle-class families at a tremendous disadvantage,” Jones said. “My free workshop will give families a leg up by explaining ways credit card companies trap customers, and discussing how to use credit wisely to protect our hard-earned money.”

Jones’ Financial Literacy Workshop will be held on Monday, Aug. 21 at 6 p.m. at the Calumet City Public Library, located at 660 S. Manistee Avenue in Calumet City. The seminar will feature an expert from the Illinois Comptroller’s office who will show residents how to make a budget, explain the basics of credit and how to apply for a loan. For more information on this event, or to RSVP, please call Jones’ constituent service office at 708-933-6018 or email repjones.jones@gmail.com.

“We can’t count on lenders to be straightforward with us when they’re only in the business of making money off of us; we need to know ahead of time what steps to take in order to get a good loan, and how to spot a bad deal when we see it,” Jones said. “I encourage everyone to come to my free workshop and learn these valuable financial tips.”