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CREDIT SCORE, RATING AND BORROWING Personal Finance Bundle

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STEM FUN HUB
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Grade Levels
7th - 12th, Higher Education, Adult Education
Formats Included
  • Zip
Pages
30 SLIDES & 14 PAGES
$10.00
$10.00
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  1. Effective money management starts with a goal and a step-by-step plan for saving and spending. Financial goals should be realistic, be specific, have a timeframe, and imply an action to be taken.This unit bundle will encourage students to take the time and effort to develop their own personal financ
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Description

As young students begin to create their credit history, it’s easy for a lack of knowledge and experience to create long-term financial loss. Young students and others commonly wonder how to establish credit.

This bundle will encourage students to learn how credit scores work, and the various factors that are used to calculate them. Learners will learn to empower themselves to make better financial decisions.. They will also learn how financial behavior positively or negatively impacts credit history.

POWERPOINT (30 SLIDES):

  • What is a credit?
  • Understanding Credit Score
  • Factors that build good credit score
  • Your Credit Report
  • Evaluating your credit report
  • Credit Reporting Agencies
  • What makes a good credit score?
  • Why does good credit matter?
  • How to improve your FICO Score.

WORKSHEETS (5 ACTIVITIES):

IMPORTANCE OF CREDIT SCORE Worksheet

Students will reflect on their beliefs and practice and how these will help them on their finances.

WEB QUEST: HOW TO INCREASE YOUR CREDIT SCORE Worksheet

Students will Conduct an online search to identify specific actions that people can take to raise their credit their credit scores, thereby qualifying for the lowest interest rates

IMPACT ON CREDIT SCORE Worksheet

Students will determine the situation and assess whether the impact on credit is positive, negative or no impact and state the reasons why.

CREDIT REPORT Worksheet

Students will reflect and answer questions about their insights in Establishing Good Credit Report

GETTING A LOAN Worksheet

Students will assess and answer based only on the information given whether if they would loan the money or not? Explain why or why not.

Lesson Plan to aide the teacher in the delivery of the topic

Handout to be given to students as additional reference


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Total Pages
30 SLIDES & 14 PAGES
Answer Key
N/A
Teaching Duration
N/A
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