Credit Cards

Credit Cards

Article • 15 min of learning

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

II: Group II - Personal Finance

SPECIFIC EVALUATION CRIT.: SPECIFIC EVALUATION CRIT.

2: Earning Income

Standards
Defined by WV SPECIFIC EVALUATION CRITERIA 8th-12th Grades and align with Credit Cards
1451.2.6: Explain how using payday loans can cause a cycle of debt.

3: Banking

Standards
Defined by WV SPECIFIC EVALUATION CRITERIA 8th-12th Grades and align with Credit Cards
1451.3.7: Exhibit understanding of credit and/or debit cards.
1451.3.8: Explain forms of financial exchange (cash, credit, debit, electronic fund transfer, foreign, etc.).

5: Credit

Standards
Defined by WV SPECIFIC EVALUATION CRITERIA 8th-12th Grades and align with Credit Cards
1451.5.1: Explain how a borrower’s credit score can impact their cost of credit and their ability to obtain credit.
1451.5.12: Create a plan for a person who is having difficulty repaying debt or increasing their credit score.
1451.5.3: Explain how credit card grace periods, methods of interest calculation, payments, and fee affect borrowing.
1451.5.4: Give examples of unsecured and secured loans.
1451.5.6: Identify and analyze examples of loans with various down payment scenarios, the effect on loans, and repayment motivation incentives.