If you have children under the age of 17, you might want to check your bank balance Thursday night -- there may be a little extra cash in there as part of the American Rescue Plan.

Mayor Mike Duggan is holding a news conference Monday evening to walk Detroit residents through an opportunity to receive thousands of dollars in child tax credit payments.

The child tax credit can be considered a game changer for families and can be worth hundreds of dollar a month for parents.

The first child tax credit payments go out next week, and experts are already warning that along with the money comes the threat of scam artists trying to take it.