Reading about credit scores
By analyzing a text about credit scores, students learn about lending practices and how credit scores influence the ability to borrow money.
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 and analyze a text about credit scores to understand how credit scores are calculated.
Discuss their text analysis with their groups.
Identify three things a person can do that may result in a high credit score.