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1 hr

The Credit System

In this lesson, participants will learn about the history of the credit system and how it works, how to check your credit score, what informs your credit score, and its significant influence over our financial lives.

About Lesson

Participants will leave the workshop with the knowledge of the basics of credit and how credit scores are calculated. Participants will know who to contact for support in varying situations of credit challenges and how to advocate for their needs, as well as how to recognize and avoid common credit scams. Finally, participants will be equipped with the language and strategies to navigate the ways the credit system may perpetuate financial trauma and how to secure/restore material safety.

During this lesson you can expect to:

  • Understand the history of the credit system and how it works
  • Outline the key components that inform your credit score and what they mean
  • Explore the dark side of the credit system, its influence over your life, and how it can perpetuate socioeconomic harm
  • Learn ways you can protect yourself

Live Instruction Presentation

Guided Presentation

Lesson 3: The Credit System (Audio Only)
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Lesson 2: Banking
Key Terms and Concepts
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How to Pull Your Credit Report & Check Your Credit Score
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The Anatomy of a Credit Report
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How to Navigate Disputing Your Credit Report
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How to Manage Your Credit Card
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Installment Loans and Revolving Credit
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Building Credit Without a Social Security Number
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Transcript
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