Using Credit Wisely Seminar - Consumer Action

Seminar Purpose:Using Credit Wisely SeminarTo provide workshop participants with an understanding of the benefits, costs, and responsibilitiesof revolving credit and the information they will need to obtain credit and use it wisely.Seminar Objectives:By the end of the training, participants will understand:• The different types of credit available.• The advantages and disadvantages of credit.• The costs of credit.• How to compare terms and choose the best credit card.• How to read a credit card statement.• How to use credit wisely, and avoid penalty fees and rates.• Where they can obtain additional information and assistanceSeminar Duration:This is a three-hour seminar. There will be one fifteen-minute break about halfway through.Materials:For instructor:• Staying on Track with Credit brochure• Credit training manual - Questions & Answers About Obtaining and Managing Credit• Using Credit Wisely visual teaching aid (PowerPoint presentation with instructor’s notes)• Using Credit Wisely seminar lesson plan:You will also need:o Lesson plan (pages 4-15)o Sample Credit Card Billing Statemento Sample Credit Card Solicitationo Credit Card Match-Up scenarioso Disclosure chart for credit card matching activityo Copy of most recent Consumer Action Credit Card Survey (optional; download PDFfrom www.consumer-action.org and make copies)o Credit Card Comparison Worksheet (for at-home use)o Evaluation form for the Using Credit Wisely seminar• A computer and an area on which to project the PowerPoint presentation• An easel and pad, or a whiteboard, and markers© 2009 Consumer Action Page 2 of 20