For Immediate Release
ST. PAUL, MN – Scam artists and predatory lenders take advantage of consumers from all walks of life, causing foreclosures and financial hardship in Minnesota communities. Knowledge is often the foundation of financially secure communities and a consumer’s best defense against the pitfalls of predatory lending.
That’s why as Financial Literacy Month continues, three state agencies are teaming up to give Minnesota consumers the knowledge and resources they need to avoid falling victim to fraud, financial abuse, and predatory lending. Commerce Commissioner Mike Rothman, Housing Finance Commissioner Mary Tingerthal, and Human Rights Commissioner Kevin Lindsey will host a town hall forum this week to discuss the adverse financial and community impacts of predatory lending in Minnesota.
The Town Hall Forum on Predatory Lending, which is free and open to the public, will be held at Dayton’s Bluff Recreation Center on Wednesday, April 18 from 6:00 – 8:00pm. The forum will begin with a panel discussion led by Commissioners Lindsey, Rothman, and Tingerthal regarding recent trends in fraud and financial abuse, and the state’s role in protecting Minnesota consumers and communities from predatory lending. Following the panel discussion, community members will have the opportunity to address the panel, ask questions, and share personal stories about how predatory lending has affected their families, finances, and communities.
Download an official flyer for the event on the Minnesota Department of Commerce website.
Commerce Commissioner Mike Rothman
Housing Finance Commissioner Mary Tingerthal
Human Rights Commissioner Kevin Lindsey
State Rep. Sheldon Johnson
Town Hal Forum on Predatory Lending
Wednesday, April 18, 2012
6:00 – 8:00pm
Dayton’s Bluff Recreation Center
800 Conway Street
St. Paul, MN 55106