Borrowing

Borrowing

Article • 15 min of learning

Here's how Borrowing 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 7.1: Compare sources and products related to borrowing money.

Standards
Defined by Personal Financial Literacy 7th-12th Grades and align with Borrowing
A: Identify sources of credit (e.g., banks, credit unions, retail businesses, private lenders, and the federal government).
B: Describe various credit products (e.g., credit cards, car loans, and mortgages).

PFL 7.3: Describe the process of borrowing money.

Standards
Defined by Personal Financial Literacy 7th-12th Grades and align with Borrowing
C: Compare types of credit, including revolving and installment credit, and collateralized loans versus unsecured loans.