Module 3 Overview

Module 3 Overview

  Module Highlights

 Module Objectives

Upon completion of this module, you should be able to:

1. Define important credit and borrowing terms and concepts;
2. Identify student loan options available to undergraduate and graduate students;
3. Describe the benefits and costs of using credit;
4. Describe how a credit card works and how interest is charged;
5. Compare federal student loans repayment options;
6. List the factors that make up a credit score; 
7. Develop strategies for establishing and managing credit;
8. Evaluate how one is doing in managing credit by reviewing one's credit report.
9. Recognize the importance of monitoring one's credit report;

 Activities & Assessment

• Read assigned chapters under each section.
• Watch assigned videos.
• Complete Quiz 3.1: Credit Basics
• Complete Quiz 3.2: Managing Credit and Repayment
• Complete Exercise 3.2: Repaying Credit Card Debt and Student Loans
• Complete Quiz 3.3: Credit Reports and Credit Scores
• Complete Exercise 3.3A: Credit Scoring
• Complete Exercise 3.3B: Your Credit Report

  Remember

This course is about your financial health. Throughout the semester, and in this module in particular, the assignments request that you share personal information about your financial behavior and/or situation. If at any time you are uncomfortable sharing, please connect with us to figure out an alternative.