Schumer Box

2020.12.09 9:31 am - 10:14 am

Teaching point: How do read a Schumer box and identify how terms of the card impact total cost of purchases?

Do Now

Can you name ONE of the three most frequent ways that consumers, under age 25, first establish credit?

Agenda

Do Now (5-10 Minutes)

Mini Lesson: Credit Card Basics (10 - 15 Minutes)

What is Schumer box? (10- 15 Minutes)

Mini Lesson

How to establish credit and the Schumer box

2020.12.08 Credit Basics

Decipher Credit Cards with the Schumer Box

Read the article below. While ALL the information in a Schumer Box is important, which items do you think matter most on a day-to-day basis?