Teaching Resources

Understanding APR

personal-loans-101-afsaef

Link to Resource: Next Gen Personal Finance (NGPF)

UNDERSTANDING APR is a downloadable booklet that describes what APR is and how it should be used to understand interest rates and personal loans. Topics include the Truth in Lending Act, credit scores, a monthly spending worksheet, and a chart comparing loans with varying length, amount borrowed, and fees.

Jump$tart Standards

9, 10, 11, 12
Free
60 minutes