Creditors’ Criteria and Borrowers’ Rights and Responsibilities

This Creditors’ Criteria and Borrowers’ Rights and Responsibilities lesson plan also includes:

Discover what criteria creditors use for making loans (the 3 Cs of Credit), and impress upon your young adults the rights and responsibilities related to using credit. Pupils role play as individuals seeking or providing credit, as well as complete a variety of well-designed worksheets outlining the fundamental concepts of credit and creditors. 

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CCSS: Designed
Instructional Ideas

  • Consider having pupils collect the worksheets they have completed throughout the unit and place them in a portfolio to be used in the future when the appropriate occassion arises
Classroom Considerations

  • This is the seventh in a series of nine lessons for high school personal finance classes, designed to help teens build a proper foundation of financial literacy knowledge and skills
Pros

  • All worksheets, answer keys, and assessments included
  • Excellent instructional tips and guidelines
Cons

  • None