Section 1 Debt: Product, Not Privilege
Identify the cost of using various types of credit
Section 2 Debunking the Credit Myths
Evaluate and refute the myths associated with debt
Apply systematic decisions making to identify the most cost-effective option for purchasing a car
Identify various types of mortgage loans and the most cost-effective option for purchasing a home
Evaluate ways that debt can negatively affect your financial future and how to overcome personal debt.
Section 3 The Credit Score
Describe the elements of a credit score
Understand how to obtain a credit report
Explain how a credit score affect creditworthiness and the cost of credit
Explain the factors that affect a credit score
Analyze a credit report, indicate the time that certain negative data can be retained, and describe how to dispute inaccurate entries.
Section 4 Credit Bureaus and Identity Theft
Identify organizations that maintain consumer credit records
Summarize major consumer credit laws
Develop a plan for protecting personal information