Skip to main content
FLC Academy
Start Learning
In development

Credit & Debt

Credit can help you rent an apartment, finance a car, or handle a surprise expense — or it can follow you for years. This course explains credit scores, credit cards, APR, and loans so you can borrow on your terms.

  • Difficulty: Beginner
  • 7 modules
  • Estimated time: ~1 hr 25 min (est.)
Start with Money Fundamentals

This course is in development

The syllabus below shows what it will cover. Lessons will appear here as they're published. In the meantime, Money Fundamentals builds the foundation for everything in this course.

What you'll be able to do

  • Explain what a credit score measures and what raises or lowers it
  • Read a credit card statement and understand the grace period
  • Calculate how APR and minimum payments change what you really pay
  • Compare common loan types and their tradeoffs
  • Recognize debt traps like payday loans and stacked buy-now-pay-later plans

Course modules

Planned modules. Titles and order may change as lessons are written and reviewed.

  1. 1What Credit Is Coming soonBorrowing now, paying later — and why lenders care about trust.
  2. 2Credit Scores Coming soonWhat goes into a score, why it matters, and how to build one from zero.
  3. 3How Credit Cards Work Coming soonStatements, grace periods, credit limits, and utilization.
  4. 4APR and Interest Coming soonHow interest is charged — and why minimum payments are so expensive.
  5. 5Types of Loans Coming soonInstallment vs. revolving: auto, student, personal, and home loans.
  6. 6Debt Traps Coming soonPayday loans, stacked buy-now-pay-later plans, and how debt spirals start.
  7. 7Borrowing Responsibly Coming soonQuestions to ask before you borrow, and strategies for paying debt down.