Email (username): Password:  
Sign up today!    Forgot Password?

Search : Resource Information

  • Currently 0.00/5

This lesson has not been reviewed yet.
Sign up and review it today!

Share |

Earning Credit
Source: Council for Economic Education (EconEdLink) | Type: Interactive Tool

Students take an online survey and their responses to the survey are used to calculate a simulated credit score. Students learn that in order to obtain credit from a lender, applicants must provide a credit history, which includes a credit score. A low credit score, which reflects late payments or abuse of credit in the past, can result in loan denial or very high interest rates. A high credit score, which reflects on-time payments and responsible use of credit, can result in easier access to loans with lower interest rates. Refer to the Math in the Real World lesson Earning Credit, for more information about using this interactive in your classroom.




Related Resources:


This resource has not been reviewed yet. Review it today!