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LOCAL STUDENTS STATE CONTENDERS IN LIFESMARTS COMPETITION

LARGO, Fla.- (January 25, 2005)- Lighthouse Credit Foundation is proud to announce its teams are the only Tampa Bay teams to have qualified for the state championship of "LifeSmarts The Ultimate Consumer Challenge," which will take place at the Florida State Fair on February 21, 2005, beginning at 8:30 a.m at the Equestrian Pavilion.

The Lighthouse Stealers, Lighthouse Dream Team and Lighthouse Beacons are comprised of students from Largo High School, Northeast High School and Gibbs High School and coached by Lighthouse employees. If one of these teams places first at the state competition this year, the team will move on to the national competition in San Francisco, California on April 16 -19, 2005.

LifeSmarts "The Ultimate Consumer Challenge" is a national competition for students in grades 9 through 12. LifeSmarts' Florida competition is sponsored by the National Consumer League and the Florida Department of Agriculture. Similar to an academic bowl, teams of five students compete against each other by testing their knowledge and competition skills. However, unlike an academic bowl, LifeSmarts does not test their knowledge of Math, English, Science or Social Studies. Instead students are tested on their knowledge of life skills. The five categories covered are personal finance, technology, environment, health & safety and consumer rights.

There are three segments of competition. The first is online. The top 18 teams from the online competition move onto the state competition. The first place team from state moves forward to the national competition.

Lighthouse Credit Foundation began coaching a team for LifeSmarts in 2003. Lighthouse felt the competition gave the company an opportunity to work hands-on with students to teach young consumers how to manage money and stay out of debt.

"Lighthouse recognizes the fact that there are certain essential life skills not taught in the traditional school curriculum," says Lighthouse Credit Foundation President Mary Melcer. "Our philosophy is to reach out to young consumers, on the brink of financial independence, and educate them about spending."

During the 2003/2004 LifeSmarts competition, Lighthouse trained and led a team of young consumers to a second place victory at the state competition. For more information about LifeSmarts visit www.lifesmarts.org.

Lighthouse Credit Foundation is located at 8550 Ulmerton Road, Suite 150, Largo, FL 33771. Lighthouse Credit Foundation is a non-profit agency dedicated to providing financial counseling, education and assistance to individuals who have need or limited resources. For more information, please call 1-866-342-0000.



Lighthouse Credit Foundation is not a loan company