© South-Western Educational Publishing Chapter 16 Credit in America  What Is Credit?  Types and Sources of Credit.

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Presentation transcript:

© South-Western Educational Publishing Chapter 16 Credit in America  What Is Credit?  Types and Sources of Credit

GOALS © South-Western Educational Publishing Lesson 16.1 What Is Credit?  Define basic credit vocabulary  Discuss the advantages and disadvantages of using credit

© South-Western Educational Publishing The Vocabulary of Credit  Borrower or debtor  Creditor  Capital  Collateral  Principal  Finance charge

© South-Western Educational Publishing Advantages and Disadvantages of Consumer Credit Advantages       Disadvantages    

GOALS © South-Western Educational Publishing Lesson 16.2 Types and Sources of Credit  List and describe the kinds of credit available  Describe and compare sources of credit

© South-Western Educational Publishing Kinds of Credit   

 

© South-Western Educational Publishing Credit Card Terms  

  

© South-Western Educational Publishing Sources of Credit       

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