State Rep. Juanita Head Walton (D-81) will be hosting a free Credit Scoring Seminar next weekend at the University of Missouri St. Louis.

A poor credit score can cost people thousands of dollars in higher interest rates. “For African-Americans, the burden of these higher costs only serves to further fuel the wealth divide,” said Walton.

Walton, who represents a section of north St. Louis County, is also the chair of the National Black Caucus of State Legislators’ Business and Finance committee. That committee recently expressed support for the new unified credit scoring system announced by the three major credit reporting agencies.

The seminar will take place Saturday, April 22, on UMSL’s campus, from 9 a.m. to 1 p.m.