High-interest debt, misleading lending tactics, and unclear terms can undermine financial stability and contribute to long-term stress. Understanding how to identify these risks is crucial to safeguarding your financial well-being and peace of mind.

On March 5, Washtenaw County’s Financial Empowerment Center, in partnership with MHealthy, will host the interactive virtual workshop “Protecting Financial Well-Being: Recognizing Risky Lending Practices.” 

This session will provide participants with the tools and strategies to recognize risky and harmful lending practices that can undermine their financial stability. Experts will discuss how certain lending tactics operate, why they can lead to financial strain and how to recognize common warning signs before they lead to long-term stress. 

The session will cover: 

• Understanding risky lending practices – What they are, how they operate, and how to recognize misleading, confusing, or unfair lending tactics. 

• Common traps and red flags – Payday loans, “buy now, pay later” offers, and credit products that obscure true costs or repayment terms.

• Finding safer borrowing alternatives – Connecting with trusted resources that support financial well-being.  

Date: Thursday, March 5, 2026
Time: 12-1 p.m.

Register now for the March 5 virtual workshop

If you need accommodations to participate in the workshop, please email Leola Hearing, [email protected], at least seven days prior to the workshop.

This workshop is presented by the Financial Empowerment Center through the Washtenaw County Office of Community and Economic Development, in partnership with MHealthy, and is part of the “Your Money Matters” workshop series. Find more workshops and financial well-being resources on the MHealthy website.