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Credit Cards

Credit Cards

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Here's how Credit Cards aligns with curriculum standards in Oklahoma. Use the filters to change the location, set of standards, and grade level.

Oklahoma Academic Standards for Personal Financial Literacy

PFL.7: The student will identify the process and analyze the responsibilities of borrowing money.

PFL 7.4: Analyze the responsibilities and consequences of borrowing money.

Standards
Defined by Personal Financial Literacy 7th-12th Grades and align with Credit Cards
C: Describe the impact of non-repayment of debt on individuals, families, businesses, and the broader economic system.

PFL.8: The student will describe and explain interest, credit cards, and online commerce.

PFL 8.1: Evaluate the costs and benefits of using credit cards for purchasing goods and services.

Standards
Defined by Personal Financial Literacy 7th-12th Grades and align with Credit Cards
A: Explain how interest rates and fees impact the cost of using credit cards.
B: Describe options for payment on credit cards, such as minimum payment, delayed payment, and payment in full.

PFL.13: The student will evaluate the consequences of bankruptcy.

Standards
Defined by Personal Financial Literacy 7th-12th Grades and align with Credit Cards
PFL 13.2: Explain ways to avoid bankruptcy and identify alternatives to bankruptcy (e.g., budget management, debt management, refinancing, and financial counseling).