Navigating Credit
In this module, explore the different types of loans, how credit scores work, and how loans can be used as a tool.
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1 certificate
Certification -
30 minutes
Video duration -
2 challenges
Self-Assessment -
3 reflections
Journal
Why should I take this course?
- Recognize the ways the credit system impacts your life.
- Compare the different types of loans available.
- Assess how you can build credit and manage debt.
Starting with the basics of credit history and credit scores—including how FICO scores are calculated and the role of credit reports—learners will explore their rights as borrowers and the differences between types of credit like installment loans and lines of credit. The module dives into student and auto loans, as well as how to use credit cards as effective financial tools while staying safe and secure. Students will also gain insight into the loan approval process, including what lenders look for, and develop strategies for paying down debt.