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FLC

Teaching guide

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.

  • 7 lessons
  • 9 class periods of 45 min
  • Beginner

By the end of the unit

What students will be able to do

Pacing guide

9 days, one lesson per class

Every lesson comes with a 45-minute plan, projector-ready slides, and a printable worksheet with an answer key.

  1. Day 1

    What Credit Is

    Define credit and explain why lenders charge interest

    Activity: The Landlord's Decision

  2. Day 2

    Credit Scores

    Identify the five factors in a FICO Score and which matter most

    Activity: Score Detective

  3. Day 3

    How Credit Cards Work

    Explain a credit card billing cycle, statement, and grace period

    Activity: Read the Statement

  4. Day 4

    APR and Interest

    Convert an APR into monthly and daily rates

    Activity: Minimum vs. More

  5. Day 5

    Types of Loans

    Distinguish installment from revolving credit, and secured from unsecured loans

    Activity: Pick the Loan

  6. Day 6

    Debt Traps

    Explain how payday loans and rollovers work

    Activity: Follow the Rollover

  7. Day 7

    Borrowing Responsibly

    Ask four questions before borrowing

    Activity: Avalanche vs. Snowball

  8. Day 8

    Review day

    Play Money Jeopardy with this course's questions, then review what teams missed.

    Open Jeopardy
  9. Day 9

    Unit test

    A printable test in short and full versions, with an answer key.

    Open unit test

Classroom games

Games that fit this course