Module Three: Credit and Banking

Module Three introduces the legal and economic environment and important institutions for personal financial planning. Chapter 6 explains the credit report, credit scores, and relevant consumer protection laws.  You will learn to determine the true cost of borrowing, how to improve your credit scores, and how to protect yourself against financial scams and identity theft. Chapter 7 introduces commonly used financial services and institutions. It focuses on managing your day-to-day financial needs, safe banking practices, and the pros and cons of credit cards versus debit cards.