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Credit Cards

Credit Cards

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Here's how Credit Cards aligns with curriculum standards in Missouri. Use the filters to change the location, set of standards, and grade level.

III: Buying Goods and Services: People choose which goods and services to buy. Informed decisions involve collecting information, planning and budgeting.

Concept 2: Purchasing Items of High Value

Standards
Defined by Personal Finance Course Level Expectations 9th-12th Grades and align with Credit Cards
D: Identify payment methods.
E: Analyze the costs and benefits of different payment options.

V: Using Credit: Credit allows people to purchase goods and services now and repay those costs in the future. Lenders approve or deny credit based on the borrower's creditworthiness.

Concept 1: Facets of Credit

Standards
Defined by Personal Finance Course Level Expectations 9th-12th Grades and align with Credit Cards
A: Analyze the difference between a credit and a debit account.
D: Analyze various terms and conditions of credit cards and consumer loans.

Concept 2: Interest on Credit

Standards
Defined by Personal Finance Course Level Expectations 9th-12th Grades and align with Credit Cards
A: Compare the cost of credit between financial institutions based on Annual Percentage Rate (APR), fees and penalties.

Concept 3: Credit Worthiness

Standards
Defined by Personal Finance Course Level Expectations 9th-12th Grades and align with Credit Cards
H: Explain responsibilities associated with the use of credit.