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Dear LOR user,

Thank you for being a big part of this community. To better support the initiatives around open educational resources in the state of Michigan, all resources on the Michigan Virtual Learning Object Repository (LOR) are being moved to #GoOpen Michigan on September 30th, 2018. During the transition, our LOR will be moved to an archived state, not allowing new user registration or new content to be added. An email with more details was sent to registered users of the LOR in September. To make use of the great resources on the platform, we encourage you to create an account and add your own new resources to the #GoOpen Michigan platform.

Credit Cards and Debt


Students will learn about credit cards and how they can effect their financial security. 

Learning Targets: 
Understand how credit cards work
Discuss the pros and cons of using credit cards
Identify how a credit score is determined and how a credit score can affect the ability to obtain financing.
Analyze how monthly payments and interest rates effect the length and payoff amount of an item purchased with credit.
File Personal Finance-Credit Cards.docx21.18 KB
Content Area: 
Resource Type: 
Creative Commons Licence