Students will comprehend essential credit concepts, emphasizing the purpose and role of credit, the significance of maintaining a healthy credit rating, and key terms including APR, grace period, late fees, finance charges, default rates, interest, and closing costs.

Students will be able to explore credit-related concepts and tools, delving into key terms including credit, credit cards, installment loans, revolving credit, student loans, mortgage, payday loans, predatory lenders, and simple interest in this lesson.

Students and explores the fundamental concepts of credit, creditworthiness, and the long-term consequences of financial decisions.