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Unit 5: Loans and debt
700 possible mastery points
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About this unit
Jump into the world of loans and debt in this easy-to-understand Financial Literacy unit! We'll break down the complexities of borrowing money and help you make smart decisions. Learn about various loan types and repayment methods while setting SMART financial goals to achieve your objectives. Join us in this engaging unit to transform loans and debt into useful tools for your financial well-being.
Learn
Practice
- Credit and its sourcesGet 3 of 4 questions to level up!
- Predatory lendingGet 3 of 4 questions to level up!
Learn
Practice
- Revolving and installment creditGet 5 of 7 questions to level up!
Learn
Practice
- APRGet 5 of 7 questions to level up!
Learn
Practice
- DebtGet 3 of 4 questions to level up!
- Debt repaymentGet 3 of 4 questions to level up!
Practice
- BankruptcyGet 3 of 4 questions to level up!
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Level up on all the skills in this unit and collect up to 700 Mastery points!Unit test
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