Section 2

1. Section 2

Mathematics 20-3 Module 2

Section 2: Credit 101

 

This photo is a close-up of a collection of credit cards in a man’s hand.

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Section 2 Introduction

 

Have you ever borrowed money from your parents or friends? Unless it was a large amount of cash, they likely didn’t charge you interest or service fees. Banks and companies have set up a variety of different fees and interest rates to be used when they lend credit. Understanding the credit services that various financial institutions offer helps you make informed decisions about money.

 

In this section you will not complete specific lessons. Through the Credit 101 project you will learn about the various options banks and other finaincial institutions offer to access and manage your money.