NARCA Sponsors Financial Literacy Day on Capitol Hill

The National Association of Retail Collection Attorneys (NARCA) sponsored for a third year Financial Literacy Day on the Hill which took place April 17th in Washington, D.C.  The annual event was presented by the Council for Economic Education, Junior Achievement USA and the Jump$tart Coalition.

“NARCA is proud to be a sponsor of both the Jump$tart Coalition and Financial Literacy Day on the Hill,” stated NARCA President Louis Freedman.  “NARCA members take great pride in giving back to their communities, and presenting NARCA’s Avoiding the Debt Trap program to high school and college students has proven to be as fulfilling to our members as it is to the students.  Financial literacy Day on the Hill event gives NARCA an opportunity to showcase its program and network with other like-minded organizations.”

NARCA’s Avoiding the Debt Trap program is a presentation specifically tailored to the younger audience (ages 17-22) and is designed to teach key concepts in budgeting, credit, math, consumer finance and debt management.   Charlie Litow, Chair of NARCA’s Financial Literacy Committee, explained “collection attorneys see every day the personal finance issues faced by students and young adults and, as a result, have unique insight how to help them understand consumer credit and debt, how to stay out of financial trouble and what to do if they get behind.  We are constantly seeking new opportunities to present the program and are very interested in partnering with private and governmental entities to provide educational resources to America’s youth.”  For more information about Avoiding the Debt Trap, please contact NARCA at 202-861-0706 or narca@narca.org.

The National Association of Retail Collection Attorneys (NARCA) is a nationwide trade association of over 700 skilled debt collection law firms and in‐house counsel of creditors.  NARCA’s members are required to adhere to a strict Code of Professional Conduct and Ethics.  Each attorney employed by a NARCA member is licensed by one or more states’ highest court and is governed by Rules of Professional Conduct that are enforced by a mandatory grievance procedure.  NARCA members are committed to the fair and ethical treatment of all participants in the debt collection process.