Teaching Resources

Types of Credit

nextgenperfinance

Link to Resource: Next Gen Personal Finance (NGPF)

Students will be able to explain why a person may need or want credit, identify the major types of credit and their characteristics, understand the three basic components of lines of credit: principal, interest rate, and term.

Jump$tart Standards

6, 7, 8, 9, 10, 11, 12
Free
45 minutes