Describing credit scores
Students work collaboratively to interpret a text about credit and then express their understanding in a summary paragraph.
A person’s credit score is a number that communicates their creditworthiness as determined by their credit history.
How are credit scores determined, and what results in high or low credit scores?
How do credit scores reflect financial decisions people make and the outcomes and consequences of those decisions?
Understand what a credit score is and why it’s important
Recognize what factors are used to calculate credit scores
What students will do
Read the text to understand how credit scores are calculated.
Discuss and explore money practices that result in a high or low credit score.
Present their new understanding and learn from their classmates.
Synthesize their understanding in a summary statement.