Standard+4+-+Manage+Credit+and+Debt

     //(Credit and Debt Management C.1) // ||  || and services.  ||  ** 4.5.B ** Identify sources of credit. credit card companies, and retail stores      //(Credit and Debt Management C.2) // || <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;"> || <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;"> <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;"> <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;"> <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;"> //<span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;">(Credit and Debt Management C.3) // || || || <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;"> //<span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;">(Credit and Debt Management C.4) // || || to borrowing <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;">. <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;"> <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;"> //<span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;">(Credit and Debt Management C.5) //<span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;"> || and types of purchases <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;">. <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;"> || <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;"> || <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;"> <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;"> //<span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;">(Credit and Debt Management C.7) // || <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;"> || || <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;"> || <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;"> //<span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;">(Credit and Debt Management C.8) // ||
 * Standard 4: Manage Credit and Debt ** – Students will develop skills to make informed decisions about incurring debt and maintaining credit worthiness. ||
 * Grades 3-5 ** ||
 * Grades 6-8 ** ||
 * Grades 9-12 ** ||
 * 4.5.A ** Differentiate credit products from services.
 * Grades 9-12 ** ||
 * 4.5.A ** Differentiate credit products from services.
 * 4.5.A ** Differentiate credit products from services.
 * 4.5.A.1 ** Describe the concept of a loan.
 * 4.5.A.2 ** Describe the difference between credit products and services.
 * 4.8.A ** Compare the advantages and disadvantages of credit products and services.
 * 4.8.A.1 ** Analyze information about credit products and services.
 * 4.8.A.2 ** Explain the difference between short- and long-term loans with regards to interest.
 * 4.8.A.3 ** Describe predatory lending practices.
 * 4.12.A ** Evaluate the advantages and disadvantages of credit products
 * 4.12.A.1 **<span style="color: #221e1f; font-size: 9pt; mso-bidi-font-weight: bold; msobidifontweight: bold; msospacerun: yes;"> Evaluate information about products and services.
 * 4.12.A.2 **<span style="color: #221e1f; font-size: 9pt; mso-bidi-font-weight: bold; msobidifontweight: bold; msospacerun: yes;"> Differentiate and calculate the difference between short- and long-term loans.
 * 4.12.A.3 **<span style="color: #221e1f; font-size: 9pt; mso-bidi-font-weight: bold; msobidifontweight: bold; msospacerun: yes;"> Identify and discuss examples of predatory lending practices.
 * 4.12.A.4 **<span style="color: #221e1f; font-size: 9pt; mso-bidi-font-weight: bold; msobidifontweight: bold; msospacerun: yes;"> Apply credit counseling to various situations, and assess the resources that could be used for it.
 * 4.5.B.1 ** Differentiate between credit and debt.
 * 4.5.B.2 ** List sources of credit, such as banks, credit unions,
 * 4.8.B ** Identify and compare sources of credit.
 * 4.8.B.1 ** Explain credit terminology.
 * 4.8.B.2 ** List sources of consumer credit.
 * 4.8.B.3 ** Distinguish among different types of lending institutions and compare the credit services they offer.
 * 4.8.B.4 ** Explain strategies used to manage credit and debt <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;">.  ||
 * 4.12.B ** Analyze sources of credit.
 * 4.12.B.1 ** Explain how to acquire and maintain credit.
 * 4.12.B.2 ** Compare sources of consumer credit, and apply them to consumer decisions.
 * 4.12.B.3 ** Compare the financial benefits and services of different types of lending institutions.
 * 4.12.B.4 ** Compare strategies of credit and debt management <span style="color: #221e1f; font-family: 'Calibri','sans-serif'; font-size: 9pt;">. <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;">
 * 4.5.C ** Identify interest rates, fees, and other charges.
 * 4.5.C ** Identify interest rates, fees, and other charges.
 * 4.5.C.1 ** Describe the different types of payment methods, such as bartering, cash, check, credit card, and debit card.
 * 4.5.C.2 ** Identify uses of a credit card and a debit card.
 * 4.8.C ** Identify and evaluate interest rates, fees, and other charges.
 * 4.8.C.1 ** Differentiate among a credit and debit cards.
 * 4.8.C.2 ** Compare advantages and disadvantages of various payment methods and options, including the Automated Clearing House.
 * 4.8.C.3 ** Describe the purpose of a mortgage <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;">
 * 4.12.C ** Identify and evaluate interest rates, fees, and other credit charges.
 * 4.12.C.1 ** Analyze the impact of using a credit card vs. a debit card as it relates to money management.
 * 4.12.C.2 ** Analyze the advantages and disadvantages of different payment methods and options, including the Automatic Clearing House.
 * 4.12.C.3 ** Explain the different types of loans associated with mortgages as it relates to interest rates (fixed, variable, and balloons), insurance, and fees.
 * 4.5.D ** Describe credit worthiness. <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;">
 * 4.5.D ** Describe credit worthiness. <span style="font-family: 'Calibri','sans-serif'; font-size: 9pt;">
 * 4.5.D.1 ** Explain how character, capacity, and capital relate to borrowing.
 * 4.8.D **  Compare credit scores and reports.
 * 4.8.D.1 ** Link character, capacity, and capital with creditworthiness.
 * 4.8.D.2 ** Explain the factors that impact your credit report.
 * 4.8.D **** .3 ** Describe a credit report; explain what a credit score is and the factors affecting a credit score.
 * 4.8.D.4 ** Identify ways to prevent or manage credit problems. ||
 * 4.12.D ** Critique credit scores and reports.
 * 4.12.D.1 ** Explain personal responsibility and the factors that affect creditworthiness, such as payment history.
 * 4.12.D.2 ** Explain how a credit report is used and how frequently it should be obtained.
 * 4.12.D.3 ** Explain how credit scores can be used to leverage better products, services, and employment opportunities, such as Security Clearance.
 * 4.12.D.4 ** Apply strategies to prevent or manage credit problems.
 * 4.12.D.5 ** Compare sources of credit reporting and evaluate credit report scores.
 * 4.5.E ** Explain the cost of borrowing.
 * 4.5.E ** Explain the cost of borrowing.
 * 4.5.E.1 ** Define interest and explain how it is used.
 * 4.5.E.2 ** Describe and calculate simple interest in relation
 * 4.8.E ** Calculate the cost of borrowing.
 * 4.8.E.1 ** Compare and compute application of interest, compound interest , and amortization.
 * 4.8.E.2 ** Compute the amount of interest paid over time when using credit.
 * 4.8.E.3 ** Calculate the cost of borrowing for various amounts
 * 4.12.E ** Calculate the cost of borrowing.
 * 4.12.E.1 **<span style="color: #221e1f; font-size: 9pt; mso-bidi-font-weight: bold; msobidifontweight: bold; msospacerun: yes;"> Use online business tools to compare and compute interest and compound interest and to interpret an amortization table.
 * 4.12.E.2 **<span style="color: #221e1f; font-size: 9pt; mso-bidi-font-weight: bold; msobidifontweight: bold; msospacerun: yes;"> Compute and assess the accumulating effect of interest paid over time when using a variety of sources of credit.
 * 4.12.E.3 **<span style="color: #221e1f; font-size: 9pt; mso-bidi-font-weight: bold; msobidifontweight: bold; msospacerun: yes;"> Calculate and compare the total cost of borrowing for various amounts and types of purchases.
 * 4.5.F ** Identify why people enter into debt.
 * 4.5.F ** Identify why people enter into debt.
 * 4.5.F.1 ** List reasons why people borrow.
 * 4.8.F ** Explain how to leverage debt.
 * 4.8.F.1 ** List the purposes of debt.
 * 4.8.F.2 ** Examine ways to leverage debt beneficially.
 * 4.12.F ** Evaluate how to leverage debt.
 * 4.12.F.1 ** Explain the advantages and disadvantages of debt.
 * 4.12.F.2 ** Justify ways to leverage debt beneficially.
 * 4.8.G ** Explain t he consequences of poor money management.
 * 4.8.G.1 ** Identify the problems of poor money management, such as late fees, acquiring loans, paying higher interest rates, and bankruptcy.
 * 4.8.G.2 ** Describe how to find reputable providers of credit counseling services.
 * 4.12.G ** Evaluate the consequences of poor money management.
 * 4.12.G.1 ** Analyze the problems of poor money management, such as poor credit score, late fees, acquiring loans, paying higher interest rates, and bankruptcy.
 * 4.12.G.2 ** Find reputable providers of credit counseling services. ||