Lesson Plan

Credit Cards: Buy Now, Pay Later

Curated and Reviewed by Lesson Planet

Students comprehend that when they use a credit card, they are taking out a loan from the issuer of the card. They access that if a card is paid in full each month, there is no cost for using the credit card. However, if the borrower is unable to pay the bill, the cardholders must pay interest on the unpaid balance.

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Resource Details
Grade
9th - 12th
Subjects
Social Studies & History
3 more...
Resource Type
Lesson Plans