Credit Story

EQ - How can I apply my understanding of credit to compose a creative story that informs others of how credit works?

1. Credit Story Project - Review the directions as a class
1. Choose at least 15 vocabulary terms learned throughout the Credit Unit
2. Compose a story that indicates an understanding of each term’s meaning
1. The story should be written as a conversation
2. The story must be a minimum of 9 frames in length
3. Design rough draft illustrations for your story
4. Create the final draft of your entire credit story (Due Monday at the start of class).
2. REMEMBER - Organize your thoughts and compose a creative story that describes important elements of credit that we have discussed in class.  You may (but are not limited to) include the following information:
1. Description of Credit
2. How credit works
3. Credit Reporting Agencies
4. Credit Scores
5. Bankruptcy
3. This story should be written in Google Docs
1. Your password is Capital DSD and your lunch Code (DSD12341242)

Problems with Credit

EQ - How can poor credit management impact your personal financial situation?

Lesson PowerPoint

1. Activator - Document Detective
1. Find the solutions to the 5 review key concept questions
2. Share your responses with a partner
3. Class Review
2. Discussion Question - Is this person using credit wisely?  How do you know?
3. TPS - Brainstorm 3-5 signals that show a person is getting into financial trouble with credit.
4. Discussion Question - What can a person do to improve a troubling financial situation?
5. Intro - Credit Counseling
1. What is credit counseling?
2. How does credit counseling work (Key activities)?
3. Where can you find assistance?
4. Muddy Points
6. TPS: Bankruptcy - 2 Forms
1. Foldable
1. Type of bankruptcy (Defined/What?)
2. How does it work?
3. Benefits?
4. Drawbacks?
7. Knowledge Check
1. Identify 7 warning signs that a person is in financial trouble.
2. Explain the 2 main activities of the CCCS?
3. Describe two options when declaring bankruptcy.
4. 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.
5. Managing Debt - Credit decision making
8. Debriefing
9. Muddy Points

Credit Songs

EQ - How are credit scores determined?

1. Q & A Review
2. Quiz
3. Create a Credit Score Song
1. Include the following:
1. What is a good credit score?
2. Why is developing positive credit a good thing?
3. How can good credit be developed?
4. Names of the 3 Major U.S. Credit Bureaus
5. Additional Information?
4. Individual Concept Review

YouTube Songs - F-R-E-E That Spells Free 

Credit Continued

1. Activator: What is the greatest advantage of using credit?  Justify your answer.
2. Intro Credit Report PowerPoint
1. Credit Report Detectives, Inc - Client Isabella
2. Credit Review
3. Parties involved in Credit Reporting
4. 4 Categories of a Credit Report
5. Impact of a Credit Score
6. Determining a Credit Score
7. Positive vs. Negative Credit Score Decisions
3. Summarizer - What you do makes a difference
4. AP - Positive Practices
5. AP - Negative Practices
6. AP – Summary
7. Debriefing

TOD - Muddy Points

Intro to Credit

 EQ - How does credit impact personal finance?

1. Activator: 
1. Black Friday Survey 2014
2. Credit Simulation
3. Discussion - What do you know about credit?
4. Partnership Training - Use the following PowerPoint to create a poster to explain the following items - PPT - A Deeper View of Credit
1. Define Credit
2. How Credit Works
3. Forms of Credit
4. Interest
5. Minimum Payments
6. Advantages and Disadvantages of Credit
5. Museum Walk
6. Muddy Points