Risky Business: What Every Teenager Needs to Know About Living Smart - Lesson Details

Activity 3.2 - Analyzing Credit Reports and Credit Scores

In this activity, students read about credit reports. They examine a copy of a hypothetical credit report and decide whether the individual involved is creditworthy. They also read about credit scoring and identify ways to improve credit scores.

Concepts:

Costs and benefits of credit, Credit report, Credit scores

• Standard #1: Scarcity
• Standard #2: Decision Making
• Standard #11: Money and Inflation
• Standard #12: Interest Rates