Area residents can learn about financial independence and high-interest lending practices. (Photo: MGNOnline)

Area residents are invited to attend a public hearing on financial independence and research on high-interest lending practices.

The event is slated for Monday at 5:30 p.m. at the Family Justice Center, 5705 Uptain Road, and is hosted by the Mayor's Council for Women.

Attendees will hear from Councilwoman Carol Berz, who co-chairs the council, along with panelists Martina Guilfoil, Tracee Smith, Joda Thongnopnua and Jennifer Harper. They will discuss the impact of high-interest loans and the recommendations of the financial independence workgroup.

Mayor Andy Berke announced the creation of the council during his 2015 State of the City address.

The council addresses issues such as domestic violence, justice, education, health care, economic opportunity, history and leadership.

The city of Chattanooga has adopted three of the council’s recommendations, and last year, the Tennessee Legislature passed a bill the council developed. That legislation helps victims of domestic violence stay in their homes when faced with eviction because of an offender’s actions, according to a news release.

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