Free Money Smart Class in October!

Free Money Smart Class in October!

Wed, 3 Oct, 2018 at 11:44
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 Attend our Free Money Smart Class, "Loan to Own," at the bank on Thursday, October 11, from 5 to 6 p.m.

RSVP by October 8 to Diana Sorescu at 630-633-5925 or dsorescu@bankbolingbrook.com.

"Loan To Own" teaches you about installment loans, including car loans and home equity loans. After completing this module, you will be able to:

  • Identify various types of installment loans
  • Explain why installment loans cost less than rent-to-own services
  • Identify the questions to ask when purchasing a car 
  • Identify the factors lenders use to make home loan decisions 
  • Explain why it is important to be wary of rent-to-own, payday loans, and refund anticipation loan services 
  • Identify how federal laws protect you when applying for a loan 
  • Guard against predatory lending practices