Monday-
Topics: The Credit Score
Activities: Students to watch video 3.1 and fill in notes and journal questions. Discussion Questions: 1. What does FICO stand for? Refer to chart on p. 90 (5 components) 2. What are the 5 components of the FICO score? 3. Can you really live without a credit score? Activity: Students to get online and answer the following questions on their own: 1. Explain what the 5 components of the FICO score mean (Describe) 2. Range of possible FICO scores 3. Levels marking bad credit, good credit, etc. 4. How is manual underwriting an alternative to having to obtain a mortgage with a FICO score?
Tuesday–
Topics: Credit Bureaus and Identity Theft
Activities: Students to watch video 4.1 and fill in notes and journal question. Discussion Questions: 1. What is a credit bureau? 2. Typical client of credit bureaus? 3. How longs does info stay on your credit report? 4. What are the three main credit bureaus? 5. How often should you check your credit report for errors? 6. What issues was the Fair credit Reporting Act intended to address? 7. Discuss the Fair debt collection practices act. Identity Theft: 1. Fastest growing white-collar crime in N. America? 2. What are some warning signs that you may have had your identity stolen? 3. What should you do if you think your are a victim? 4. Topics to protect yourself from identity theft? 5. What should a strong password include? Students are to then get onto Foundationsu.com and select and listen to an Ask Dave radio call. Will need to summarize caller’s situation, including financial information needed to make a decision, followed by the advice that Dave gave the caller. Turn in for a daily grade.
Wednesday-
Early release- afternoon class will not meet today. Morning class will have time to finish summarizing the radio call from yesterday if did not finish in class.
Thursday-
Topics: Chapter review over Debt
Activities: Students to use their notes and book from Google drive to complete the chapter review questions. If don’t finish in class, for homework. Due by the first of class Friday.
Friday-
Topics: Chapter review over Debt
Activities: Chapter review questions due. Students will then participate in a review game to go over topics for test. Winning team will receive 5 bonus points towards their test grade.
**Test Monday over Chapter 4- Debt