Intro to Credit Scores

2020.01.05 9:31 am - 10:14 am

Teaching point: What are the components of a credit score and how are they calculated?

Do Now

If someone were to grade you on your financial habits, what grade would you get? Be ready to explain why you would receive that grade.

Agenda

Do Now (5-10 Minutes)

What is a credit score? (5 minutes)

All you Need to Know about Credit Scores (15 Minutes)

Class Work (15 minutes)

What is a Credit Score?

All you need to know about Credit Scores

Start on slide 7

2021.01.04 Managing Credit Notes

Class Work

FICO’s website offers a free Score Estimator, which can be useful to investigate how financial decisions impact score. Follow the directions on this worksheet in order to complete the activity.