Consumers quickly learn the importance of credit reports and scores in their financial world. In this lesson plan participants will study positive and negative credit scores and how they can affect their finances. This lesson begins with the Forehead Detective or Quizlet vocabulary activity from the Vocabulary Reinforcement Active Learning Tool and an anticipatory set using a news headline, referencing the News Headline Active Learning Tool. While participants give advice to Isabella Langley and her credit mishaps they are able to apply the lessons learned to their personal life. This lesson concludes with participants interacting through the active learning tool, Money World Squares. Assessment options include participants writing a jingle or creating a comic or more in depth looking at a credit report.

Cross-curricular keywords: Art, ELA

Lesson Objectives

  • Summarize the information included in a credit report
  • Explain how a credit score is calculated
  • Compare a credit score and a credit report
  • Evaluate the consequences of having negative credit history
  • Recommend strategies for developing a positive credit history
  • Explain how to obtain credit reports and credit scores
  • Describe steps to correct a mistake on a credit report

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