Week 5 - Credit Part 2

Post date: Nov 06, 2015 7:16:18 PM

Monday Journal Prompt - What do you think are the "top 3 reasons why people borrow money?" For each of these reasons, write 3-4 sentences explaining:

- why so many people borrow money for this reason

- whether or not you think it's a good idea to borrow money for this reason

...and if you have extra time....Write down some ideas for extra credit projects for this year

Due Tuesday 11/10 - 5 paragraph essay: 5-7 sentences on your topic, 3-5 sentences on the other 4 topics. Information on all topics can be found in your "Borrowing" textbook (#2). Topics include:

"Gotcha! The cost of borrowing" p14-15

"The Dark Side of Debt" p16-17

"Dial B for borrowing" p18-19

"The 5 C's of credit" p24-25

"Ace your credit score" p28-29

"Triple D approach to fraud" p35-38

Tuesday Journal Prompt - Open your book to page 15. Define each of the 10 terms in your own words. (No copying the definitions from the book!)

Thursday Journal prompt -

1) Write 5-7 sentences about what you have learned from our DCU guests so far.

2) Write 2-3 questions that you have for our DCU guests.

3) Update your DCU checkbooks.

4) If you were absent for our DCU classes, write everything you know about credit.

Friday Journal Prompt - Write 5-7 sentences describing all of the factors that determine your credit score.