Why is Good Credit Important?
Learn about the importance of your credit history.
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Lessons & Activities
1 Hour+
Understanding Credit Reports & Scores
OVERVIEW
In this lesson, students will receive an overview of credit scores, credit reports, and the information potential lenders, landlords, and employers might look at to determine a person’s creditworthiness. They will then explore the elements of a credit report, the importance of checking your credit report, how to access your credit report, and how to build credit.
Related Resources
INFOGRAPHICS & COMICS
VIDEO Q&A
0-15 MIN
College Choice 101: For-profit, Nonprofit, and Your College Options
Examine the costs and benefits of various post-secondary education options.
MODULES
16-30 MIN
Credit Reports | It's Your Paycheck Lesson 6
Learn and discuss the advantages and disadvantages of using credit.
READING Q&A
16-30 MIN
Credit Bureaus: The Record Keepers
Introduce credit bureaus.
LESSONS & ACTIVITIES
1 HOUR+
The Car Deal Package
Evaluate the decisions students make when purchasing a car.
LESSONS & ACTIVITIES
1 HOUR+
Bankruptcy Basics
Learn about the two types of bankruptcies used by consumers: Chapter 7 and 13.
More in This Series
LESSONS & ACTIVITIES
1 HOUR+
The Balance Sheet
Distinguish between wealth-building assets and depreciating assets.
LESSONS & ACTIVITIES
1 HOUR+
Developing a Budget
Practice using SMART goals and marginal decision making.
LESSONS & ACTIVITIES
1 HOUR+
Put It in the Bank
Compare different ways of saving money.
LESSONS & ACTIVITIES
1 HOUR+
Owning Versus Renting
Students will compare owning to renting a place to live.
LESSONS & ACTIVITIES
1 HOUR+
The Role of Financial Markets
Learn how the financial system creates a place to match savers with investors.
LESSONS & ACTIVITIES
1 HOUR+
Bonds, Stocks and Mutual Funds
Learn about the different types of investments.
LESSONS & ACTIVITIES
1 HOUR+
Risk and Return
Understand the relationship between risk and return.
LESSONS & ACTIVITIES
31-45 MIN
The Cost of Credit
Explore the connection between credit and debt.
