Summer

Friday June 13, 2013

 

Semester Exams – Periods 6 and 7

Thursday June 13, 2013 – Periods 6 & 7

Good luck.

Semester Exam – Period 5

Wednesday June 12, 2013 – Period 5

Good luck.

Semester Exams – Periods 3 and 4

Tuesday June 11, 2013 – Periods 3 & 4

Good luck.

Semester Exams – Periods 1 and 2

Monday June 10, 2013 – Periods 1 & 2

Good luck.

ZONK! – Semester Review

Friday June 7, 2013 – Periods 4 & 5

ZONK! review game.

Semester Review

Thursday June 6, 2013 – Periods 4 & 5

Scams and Schemes

Wednesday June 5, 2013 – Periods 4 & 5

Millions of credit transactions are completed each day. In the vast majority of cases, both parties to these transactions benefit. But the world is not a perfect place. The credit industry, like any other industry, has a few people who operate on the edge. Some of these people are flat-out thieves. Others operate businesses that, while completely legal, can put people who are already in financial trouble into positions from which they will find it even more difficult to recover. Not all financial scams and schemes involve credit. Some deal with investments. They appeal to your desire to make a bundle of cash overnight. But, if any sales pitch sounds too good to be true, it probably is. Scams and schemes include identify theft, loan scams, and credit-repair loans. There are also legal but high-cost credit practices, such as payday loans and rent-to-own plans.

Credit Protection

Tuesday June 4, 2013 – Periods 4 & 5

Consumers may take on too much debt, or misunderstand the terms of their credit agreements, or be victims of fraud. In these cases, consumers may face serious personal and legal difficulties. For such difficulties, federal and state laws provide consumers with certain protections. The applicable laws include the Truth in Lending Act, the Fair Credit Reporting Act, the Equal Credit Opportunity Act, the Fair Credit Billing Act, the Fair Debt Collection Practices Act, the Electronic Funds Transfer Act, and the Fair and Accurate Credit Transactions Act. State credit-protection laws vary from state to state. You can contact your state bureau that handles such matters to learn more.

 

Credit Choices

Monday June 3, 2013 – Periods 4 & 5

In deciding whether to use credit, we must consider many factors. The considerations are often situation-specific and subject to different interpretations by different prospective borrowers. The underlying question in each case is whether the advantages of using credit would outweigh the disadvantages of using various forms of credit. We will examine four hypothetical cases considering the use of credit.