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Personal Finance and the Role of Money · Summer Term

Types of Credit and Loans

Exploring various forms of credit available to consumers and their associated risks.

Key Questions

  1. Differentiate between different types of loans, such as mortgages, credit cards, and personal loans.
  2. Analyze the factors consumers should consider when choosing a credit product.
  3. Evaluate the risks associated with high-interest short-term borrowing.

National Curriculum Attainment Targets

GCSE: Economics - Personal FinanceGCSE: Economics - Borrowing
Year: Year 11
Subject: Economics
Unit: Personal Finance and the Role of Money
Period: Summer Term

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