Why is Good Credit Important?
Learn about the importance of your credit history.
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Lessons & Activities
46-60 min
Creditors' Criteria and Borrowers' Rights and Responsibilities
OVERVIEW
In this lesson, students discuss key terms related to credit and learn how creditors use capacity, character, and collateral as criteria for making loans. Students learn about credit rights and responsibilities. Groups use role-play scenarios in order to identify and discuss the rights and responsibilities of using credit.
Related Resources
INFOGRAPHICS & COMICS
VIDEO Q&A
0-15 MIN
Banks and Alternatives 101: Intro
Look at the costs and benefits of using alternative financial services.
MODULES
31-45 MIN
Cards, Cars, and Currency: The Car-Buying Journey
Explore smart car buying and learn about budgeting, financing options, contract terms, and ownership decisions.
READING Q&A
16-30 MIN
Credit Cards: The Trillion-Dollar Debt
Dive deep into credit cards and all aspects of being a cardholder.
LESSONS & ACTIVITIES
1 HOUR+
The Car Deal Package
Evaluate the decisions students make when purchasing a car.
CURRICULUM UNITS
Katrina's Classroom
Katrina's Classroom: Teaching Money Skills for Life is a four-part curriculum unit designed for personal finance-related high school classrooms.
More in This Series
CURRICULUM UNITS
It's Your Paycheck
Use active learning lessons to teach personal finance and economics.
LESSONS & ACTIVITIES
46-60 MIN
Invest in Yourself
Identify ways to invest in human capital.
LESSONS & ACTIVITIES
1 HOUR+
W Is for Wages, W4, and W2
Learn what FICA, federal income taxes are, and about Form W-4 and Form W-2.
LESSONS & ACTIVITIES
1 HOUR+
Cash the Check and Track the Dough
Learn about checking accounts, savings accounts, and check-cashing services
LESSONS & ACTIVITIES
31-45 MIN
Your Budget Plan
Learn effective and ineffective budgeting behaviors.
LESSONS & ACTIVITIES
31-45 MIN
Savvy Savers
Calculate compound interest to identify the benefits of saving in interest-bearing accounts.
LESSONS & ACTIVITIES
1 HOUR+
Credit History, Credit Reports, and Credit Scores
Learn about credit history, credit reports, and credit-reporting agencies.
LESSONS & ACTIVITIES
46-60 MIN
How Much Are You Really Paying for that Loan?
Learn what a payday loan is and the high cost involved in using such a loan
LESSONS & ACTIVITIES
46-60 MIN
To Rent-to-Own or Not to Rent-to-Own?
Review the elements of a contract.
