Basics of Borrowing

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Not Enrolled
Price
Free
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Home Equity Loan or Second Mortgage

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
Home Equity Loan or Second Mortgage

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