GMAC Financial Services Offers Consumers Financial Education

DETROIT, April 13 /PRNewswire/ -- In recognition of financial literacy month, GMAC Financial Services encourages consumers to understand their personal finances and to leverage free online tools such as the SmartEdge program to become more educated.  

GMAC's SmartEdge program, which began in 2005, is a public education program that offers modules on key topics to aid consumers in taking control of their finances.  Consumers can elect to take the classes in person or online at their own pace. The topics include:

• Credit and budgets
• Auto financing
• Banking
• Home financing

"The past few years have reminded us just how important it is to be an educated consumer, especially when it comes to personal finance options," said GMAC Chief Communications Officer Gina Proia. "GMAC has been and continues to be committed to offering consumers tools to take charge of their finances so they are empowered to make smart decisions."

The GMAC SmartEdge financial literacy program has hit a key milestone by reaching nearly 200,000 people through live seminars and attracting more than one million visits to online tutorials.

During financial literacy month, GMAC also will be offering financial education tips on Twitter using the popular hash tags #FLM10 and #FinLit10. Consumers also can consult www.smartedgebygmac.com for the online tutorials and a full list of in-person SmartEdge seminars and workshops, which take place all year.  

About GMAC Financial Services

GMAC Financial Services is one of the world's largest automotive services companies.  As the preferred source of financing for General Motors, Chrysler, Saab and Thor Industries, GMAC offers a full suite of automotive financing products and services in key markets around the world. GMAC's other business units include mortgage operations and commercial finance, and the company's subsidiary, Ally Bank, offers online retail banking products. With more than $172 billion in assets, GMAC operates as a bank holding company. For more information, visit the GMAC media site at http://media.gmacfs.com.

SOURCE GMAC Financial Services