- Activator - Document Detective
- Find the solutions to the 5 review key concept questions
- Share your responses with a partner
- Class Review
- Discussion Question - Is this person using credit wisely? How do you know?
- TPS - Brainstorm 3-5 signals that show a person is getting into financial trouble with credit.
- Discussion Question - What can a person do to improve a troubling financial situation?
- Intro - Credit Counseling
- What is credit counseling?
- How does credit counseling work (Key activities)?
- Where can you find assistance?
- Muddy Points
- TPS: Bankruptcy - 2 Forms
- Foldable
- Type of bankruptcy (Defined/What?)
- How does it work?
- Benefits?
- Drawbacks?
- Knowledge Check
- Identify 7 warning signs that a person is in financial trouble.
- Explain the 2 main activities of the CCCS?
- Describe two options when declaring bankruptcy.
- Why might it be easier for someone to obtain credit if they have filed Chapter 13 bankruptcy instead of Chapter 7 bankruptcy? Support your answer with specific details from the entire Credit Unit.
- Managing Debt - Credit decision making
- Debriefing
- Muddy Points
Thursday, December 11, 2014
Managing Credit
EQ - How can poor credit management impact your personal financial situation?
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