This beginner course covers important concepts of credit and debt by introducing you to the world of borrowing including loan, student loan, mortgage and more.
This course aligns with the ‘Credit & Debt’ module of the Jump$tart National Standards in K-12 Personal Finance Education.
At the end of this course, you will be able to:
- Explain the concept of debt and the key features of a loan
- Describe how student loan works
- Understand the basics of mortgage including down-payment and different types of interest
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Course Content
What is a Loan?
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What is a Student Loan?
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What is a Mortgage?
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What is Down Payment?
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Fixed vs Adjustable Mortgage Interest Rate
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Quiz: Basics of Borrowing
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