Ally Offers Students Financial Education to Help Make Dream Cars a Reality

Ally Financial supports Education Day at 2013 North American International Auto Show

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Jan 22, 2013, 02:15 ET

DETROIT, Jan. 22, 2013 /PRNewswire/ -- Ally Financial will provide local area students the tools for making dream cars a reality by teaching them how to budget for their own vehicles at this year's North American International Auto Show (NAIAS) Education Day.

This year, through its Ally Wallet Wise financial literacy program, Ally Financial will offer free courses on automotive finance and credit to area high school students during the NAIAS 2013 Education Day. Each one-hour Ally Wallet Wise session will use relatable concepts to educate today's youth on personal finance basics, such as building and maintaining a good credit score, as well as the differences between leasing and buying a vehicle.

"Learning about personal finance topics early on can help consumers make sound decisions about their finances throughout their adult lives," said Gina Proia, Ally chief communications officer and head of community relations. "Through the Wallet Wise program, Ally strives to make learning about personal finances easy and we are pleased to spend time with Detroit area students as part of Education Day to offer them tips on managing credit and how to budget for that dream car some day."

In its eighth year, the annual NAIAS Education Day provides an opportunity for metro Detroit students of all ages to experience the global impact of the auto industry as well as the excitement generated by major, worldwide vehicle introductions.

The Ally Wallet Wise program is a free financial education initiative that teaches consumers the basics of budgeting, credit, banking and investing, and automotive finance through live, in-person sessions and online at www.AllyWalletWise.com.

NAIAS 2013 Education Day will take place on Wednesday, Jan. 23 at Detroit's Cobo Center. Ally Wallet Wise courses will be presented at 10:15 a.m. and 12:30 p.m. in Room W2-62.

About Ally Financial
Ally Financial Inc. is a leading automotive financial services company powered by a top direct banking franchise. Ally's automotive services business offers a full suite of financing products and services, including new and used vehicle inventory and consumer financing, leasing, inventory insurance, commercial loans and vehicle remarketing services. Ally Bank, the company's direct banking subsidiary, offers an array of deposit products, including certificates of deposit, savings accounts, money market accounts, IRA deposit products and online checking. Ally's Commercial Finance unit provides financing to middle-market companies across a broad range of industries.

With approximately $182 billion in assets as of Sept. 30, 2012, Ally operates as a bank holding company. For more information, visit the Ally media site at http://media.ally.com or follow Ally on Twitter: @ally.

Contact:

Andrea Puchalsky
313-656-3798
[email protected]

SOURCE Ally Financial