Weltman, Weinberg & Reis Takes Part in National Credit Education Week

CLEVELAND ? For the third consecutive year, Weltman, Weinberg & Reis Co., L.P.A. (WWR) joined efforts with ACA International, the association of credit and collection professionals, during April 18-23 for National Credit Education Week (NCEW). NCEW is a public service campaign that aspires to educate consumers about the importance of credit and to help students that will soon be facing new financial responsibilities to understand credit and how to use it wisely.

With credit debt in America steadily growing, WWR feels it is important to promote personal finance management through more widespread credit education. The firm conducted two activities this year to promote NCEW. This year’s activities revolved around the theme “Taking the Credit Challenge”, which focused on understanding credit in order to make sound financial decisions when utilizing credit.

First, WWR sponsored a scholarship contest for graduating high school seniors from public high schools. This year, the contest was expanded to include those schools located near the firm’s eight primary offices, including Burlington (NJ), Chicago, Cincinnati, Columbus, Cleveland, Detroit, Philadelphia and Pittsburgh. Scholarship applicants were asked to design a mock advertisement emphasizing the importance of credit education that would appeal to fellow classmates. The firm received nearly 100 submissions and awarded eight college scholarships worth $500 each.

In addition, WWR contacted various high schools to discuss conducting a presentation for students on the importance of using credit wisely. This year?s presentation was voluntarily presented by sixteen (16) attorneys firm-wide to hundreds of business, accounting and economics students.

Weltman, Weinberg & Reis Co., L.P.A., currently celebrating its 75th anniversary, provides comprehensive collection and litigation services to creditors throughout the nation including major banks & financial institutions, mortgage & lending companies, commercial creditors, government entities, insurance companies, credit unions, service organizations and utility companies.