GMAC Financial Services Bolsters Effort to Educate Consumers About Personal Finance

Teams with InCharge Education Foundation on financial literacy courses

Posted on March 18, 2009
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(Orlando, FL) — GMAC Financial Services has bolstered its effort to provide consumers with personal finance education with a $20,000 grant to InCharge® Education Foundation, Inc. (ICEF). The funding will be used to co-sponsor a series of financial literacy courses throughout the country in 2009. The courses, named “Smart Edge by GMAC,” are designed to help people make better financial decisions by providing them with information about budgeting, real estate and automotive finance, insurance, credit reports, credit scoring, and other tools.

The coordinated effort marks the second consecutive year in which GMAC and ICEF will collaborate on an educational endeavor of this scale. More than 50 “Smart Edge by GMAC” courses will be offered in 2009 using curriculum and materials developed by GMAC.

“This partnership is just one example of the type of personal finance education our organization can provide companies across the United States,” said ICEF’s president and CEO, Alberto M. Duarte. “We have these types of programs ready to go, all we need is the support of businesses interested in educating their customers, potential customers and even their staff about personal financial literacy.” ICEF offers education to businesses, religious groups, colleges, high schools, and others in an effort to promote effective money management.

For information on when and where the ICEF/GMAC Smart Edge Events will be held, visit http://www.gmacfs.com/SmartEdge/en/index.html, or www.incharge.org/Inthecommunity.

GMAC Financial Services is a global finance company operating in and servicing North America, South America, Europe and Asia-Pacific. GMAC specializes in automotive finance, real estate finance, insurance, commercial finance and online banking.

About InCharge® Debt Solutions
Headquartered in Orlando, Florida, InCharge Debt Solutions (IDS) provides professional credit counseling and personal money management education to consumers and is a member of the Association of Independent Consumer Credit Counseling Agencies (AICCCA). IDS is one of the unique organizations to be dually accredited by both ISO 9001-2008 Quality Standards and the Council on Accreditation (COA). Consumers can access InCharge Debt Solutions credit counseling services for free by calling 1-888-360-9694 or online at (www.InCharge.org).