Personal financial literacy

6.14(F)

Why Credit Reports Matter

Describe the value of credit reports to borrowers and to lenders.

Part of The student applies mathematical process standards to develop an economic way of thinking and problem solving useful in one's life as a knowledgeable consumer and investor

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Intro

Why Credit Reports Matter

By the end of this lesson, you will explain why a credit report is valuable to both the person borrowing money and the business lending it. Think about a bank deciding whether to trust someone with a loan.