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Do now
Do now
In your own words, what do you think a credit history is? How long do you think it takes to establish a credit history?
In your own words, what do you think a credit history is? How long do you think it takes to establish a credit history?
Type your response in the chat or unmute yourself to answer.
Type your response in the chat or unmute yourself to answer.
Agenda
Agenda
Do now (5 - 10 minutes)
Do now (5 - 10 minutes)
Analyze: Categorizing Credit ( 10 - 15 minutes)
Analyze: Categorizing Credit ( 10 - 15 minutes)
Understanding how loan payments work (10 - 15 Minutes)
Understanding how loan payments work (10 - 15 Minutes)
Closure (5 minutes)
Closure (5 minutes)
Analyze: Categorizing Credit
Analyze: Categorizing Credit
In this activity you will research different kinds of credit and identify their characteristics.
In this activity you will research different kinds of credit and identify their characteristics.
Understanding how loan payments work
Understanding how loan payments work
Closure
Closure
When loan payments are amortized, the total amount you owe every month remains constant. Why does the amount of INTEREST you owe decrease every month?
When loan payments are amortized, the total amount you owe every month remains constant. Why does the amount of INTEREST you owe decrease every month?
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