Some people have a hard time qualifying for a loan, while others can walk into a bank empty-handed and leave with thousands of dollars in credit. The same goes for credit cards – although most consumers carry several cards, an unfortunate few cannot get credit cards.
But no matter how easy or difficult it is to borrow money, one thing is certain: paying it back is the real challenge. This program helps high school and college-level viewers understand the basics of financial credit systems, the best ways to obtain and manage credit, and how credit decisions can influence one’s future.
Focusing on credit cards, car loans, student loans, and mortgages, the program offers lighthearted dramatizations that illustrate good and bad borrowing and spending habits and highlight discipline as the key to a great credit rating and sustained financial health. Students will also encounter the four C’s of lending: capacity, credit, capital, and collateral.
In English, with English-language subtitles. A viewable/printable instructor’s guide is included. Viewing time: 22 minutes. 2008.
Click here to view a video clip.