Household International Gives $1 Million for Community Financial Education

Consumer loan company Household International has awarded more than $1 million in grants to nine community organizations in Dallas, Tampa Bay, and Hampton Roads, Virginia, to provide financial education programs.

The grants were awarded through Household's Financial Literacy Grants Program, an initiative to help young people, senior citizens, and low-and middle-income families develop responsible financial practices. The three communities were chosen based on need and because the corporation has a significant business presence in the regions.

"Household is committed to helping people improve their economic future by giving them the opportunity to learn about credit and money management skills," said Household chairman and CEO Bill Aldinger. "We are in the second year of this grassroots initiative, and we are very pleased with the results that have been achieved by these community partners."