Skip to main content

Identifying the missing credit score category

Updated

After reviewing basic facts about the lending process and credit scores, students play a game to reinforce their understanding of what goes into a credit score.

Big idea

When lenders determine eligibility for a loan, they consider many factors, including a person’s credit history and credit score.

Essential questions

  • How does understanding credit scores and credit history help improve your likelihood to get approved for a loan?

  • How are the financial decisions people make represented in their credit history?

Objectives

  • Understand what a credit score is and how lenders use it when they determine eligibility for a loan

  • Become familiar with the factors used to calculate credit scores

What students will do

  • Read a handout about credit scores to understand how credit scores may influence lending decisions.

  • Play the team game “The case of the missing credit score category.”

Download activity

Teacher guide

Identifying the missing credit score category (guide)

Student materials

The case of the missing credit score category (worksheet)

All about credit scores (handout)

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

Explore related resources