Financial Literacy ,

Types of Borrowing

This course focuses on the types of loans and credit, and the principles and practices of borrowing in personal finance. Students will learn the differentiators between types of debt, understand lending terms, how to evaluate deal points, assess borrowing capacity relative to their budget, understand their consumer rights and avoid predatory lending. Through practical scenarios, students will develop the skills to make informed borrowing decisions and understand how debt impacts financial health.

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