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Types of Credit
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
CD1
CD2
CD3
CD4
Grade Level:
6
,
7
,
8
,
9
,
10
,
11
,
12
Cost:
Free
Time:
45 minutes
Resource Type:
Activity Sheet
,
Article/Information/Infographic
,
Lesson
Materials:
Audio/Video
Downloadable Resource
Material on Website
Activity Sheet
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