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Understanding credit scores

Updated

Students read an infographic and complete a vocabulary matching exercise to learn basic information about credit scores.

Big idea

A person’s credit score is a number that shows how likely they are to pay back money they borrow. 

Essential questions

  • Why are credit scores important? 
  • What information is used to create a credit score? 

Objectives

  • Understand what a credit score is and why it’s important 
  • Recognize what factors are used to calculate credit scores 

What students will do

  • Watch a video about FICO scores.
  • Read an infographic to learn basic information about credit scores.
  • Match words and phrases related to credit scores to their definitions. 

Download activity

Teacher guide

cfpb_building_block_activities_understanding-credit-scores_guide.pdf

Student materials

cfpb_building_block_activities_understanding-credit-scores_worksheet.pdf

cfpb_building_block_activities_credit-scores-exploring-one-example_handout.pdf

Note: Please remember to consider your students’ accommodations and special needs to ensure that all students are able to participate in a meaningful way.

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