Embedded Files
Session Overview and Objectives
Session Overview and Objectives
Credit is the amount of money a borrower receives and agrees to pay back with interest to the lender. The lender relies on the borrower’s credit history report to make credit-related decisions, such as whether to extend a loan. The report includes a record of the borrower’s ability to repay debt. Many laws ensure that consumers receive a fair report and protect consumers from unfair credit practices.
STUDENTS WILL:
Explain the concept of credit.
Distinguish the pros and cons of credit.
Develop techniques for building a strong credit history.
Summarize major consumer credit laws.
The Session Teacher Guide will be provided as a PDF and as a Microsoft Word document.
The Session Student Activity will be provided as a fillable PDF and as a Microsoft Word document.
Note: to meet Content Statement 22c., students should research these Ohio laws for this session:
Truth in Lending Act (TILA)
Credit Card Accountability, Responsibility and Disclosure (Credit CARD) Acts
Information on these laws can be found here:
Version 1
The Session Exit Ticket will be provided as a PDF and as a Google Doc.
Version 2
The Session Exit Ticket will be provided as a PDF and as a Google Doc.
The Session Journal Page will be provided as a PDF and as a Google Doc.
Onscreen Presentation
Onscreen Presentation
An interactive onscreen presentation for each session will be view-able from the page or can be shared via direct link.
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