Managing Money: Personal Finance · Financial Literacy

The Risks of Credit and Debt

Evaluating different types of credit and the implications of high-interest borrowing.

Key Questions

  1. 1Why do lenders offer credit to high-risk individuals?
  2. 2How does a credit score affect an individual's future economic mobility?
  3. 3What are the hidden costs of buy-now-pay-later services?

ACARA Content Descriptions

AC9HE9K05
Year: Year 9
Subject: Economics & Business
Unit: Managing Money: Personal Finance
Period: Financial Literacy

Suggested Methodologies

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