Section 2—Use of Credit
Title of Lesson/Subject: Charge!—Credit Card Lesson
Three 45 minute class periods
High School, 9th-12th grade
ND Standards Competencies:
Key Economic Concepts:
Student understanding the various features of credit cads,
evaluating credit cad choices and learning about responsible
credit card use
Credit card information from various companies, a variety of
types of credit cards (debit, credit, instant cash, etc.), computer
to look up information on credit
Audio/Visual Equipment Needed:
Provide students with information on the:
Advantages and disadvantages of credit cards
Types of credit cards
Choosing the right credit card for you
Costs of credit
Calculation of finance charges
Credit card responsibilities
Evaluation of three different sources of credit cards
Evaluate internet sites on credit
Credit Cards: Are They All the Same? (attached)
Completion of worksheet, Comparing Credit Cards: Are They
All the Same?
Credit Cards: Are They All the Same?
Method to calculate
At date of purchase
At posting of charges
At date of billing
Over the credit limit
Which card would best fit your needs? Why?
Evaluate and list the internet site(s) you visited on credit.