(NAPSI)—For many, the answer to a financial dilemma can come from asking the right questions. To help, a public interest organization has come up with four quarterly booklets, with worksheets and self-assessment information, for those considering personal loans. The first, “Understanding Personal Loans,” helps potential borrowers find answers to six important questions: • Is a personal loan for me? • Can I afford a loan? • What happens when I apply? • What happens if I’m late with a payment? • What terms should I understand before taking out a loan? • Which laws protect me? This financial literacy initiative that aims to educate the more than 30 million underbanked households in the U.S. about short-term, small-dollar loans was launched by the American Financial Services Association Education Foundation. The materials are online at www.afsaef.org/personalloans101. Printed versions are available from the American Financial Services Association Education Foundation, 919 Eighteenth Street, NW, Suite 300, Washington, DC, 20006-5517; (202) 466-8611.   On the Net:North American Precis Syndicate (NAPSI)

A series of free booklets explains traditional installment loans that are fully amortized, underwritten and repaid in regular installments. (NAPS)