8 Nov 2012

Students in CNMI, Guam, Palau and American Samoa take part in Get Smart About Credit Day"

11:31 am on 8 November 2012

More than 35 Bank of Hawaii volunteers will take part in the annual "Get Smart About Credit Day" today.

The Bank volunteers will be teaching lessons on personal finance to more than 1,100 high school and intermediate students on Saipan and in Guam, Palau, and American Samoa.

The Saipan Tribune says the Get Smart About Credit Day is an annual event, where bankers visit local classrooms to share the "credit facts of life" with students.

The Get Smart About Credit program provides valuable lessons on the "how-to's" of credit, including obtaining and managing credit, how to read a credit report, why a good credit record is important, budgeting, and how to prevent identity theft.

For many students, this may be their only opportunity to receive a personal finance lesson before graduating.