Credit & Debt Fundamentals

Every time you swipe, tap, or sign is a promise to pay someone back later. This lesson introduces how borrowing works, why lenders charge interest, and what makes someone creditworthy.

Every loan is just four variables fighting each other. This lesson breaks down how principal, interest rate, term, and down payment interact — and why amortization means you pay mostly interest first.

Before there's a score, there's a report. This lesson outlines what a credit report is, where it comes from, how to read it, and how to fix it.

A credit card isn't free money. It's a high-interest loan with a grace period attached. This lesson unpacks how credit cards actually work, why APR matters, and kicks off the Advanced Budgeting simulation.

Predatory loans can sink a budget faster than any credit card, and escaping them requires the right strategy. This lesson exposes the mechanics of debt traps and equips students with the snowball and avalanche methods to climb out.