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Family Resource Center Offers Workshop on 'Borrowing and Credit'

LACONIA —  The Family Resource Center of Central NH with support from the Bank of NH is excited to host a financial literacy workshop titled "Borrowing Basics" at the Family Resource Center, 719 North Main Street, Laconia on Thursday, November 21 from 6-8 p.m.

This free, one-time workshop is for anyone who wants to understand how credit works, the types of credit available, and if they are ready to apply. Information on Individual Development Accounts (IDAs) will also be provided. The class will be facilitated by Karen Wilson of the Bank of NH. Optional dinner is provided at 5:30 and child care is available upon request.

"Borrowing Basics" is based on an evidence-based curriculum titled "Money Smart." On November 21, participants will learn how to define "credit" and "loan", identify three types of loans, the costs associated with getting a loan, and learn why it is important to be cautious of rent-to-own, payday loans, and refund anticipation services.

Those interested in registering or for more information can contact the LRCS Family Resource Center at 581- 1577 and speak with Erin Klasen or e-mail This email address is being protected from spambots. You need JavaScript enabled to view it. . Attendees will be entered into a drawing to win a $25 gift card and will be given a certificate upon completion. Those who attend 3 out of out of 5 of the upcoming "Money Smart" workshops will be entered into a drawing for an even larger prize. Save the date for upcoming workshops to be held every 6th Thursday throughout the year: January 30, March 20, and May 15.

LRCS has offices in Laconia and Plymouth which combine to serve families residing throughout Belknap and Southern Grafton Counties. For more information contact Joanne Piper Lang at 603-524-8891or visit www.lrcs.org.

 
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