Credit and Debt Management
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Compare and contrast credit cards and debit cards and the advantages and disadvantages of using each.
Explain why people borrow money and the relationship between credit and debt.
Determine personal responsibility related to borrowing and lending.
Summarize ways to avoid credit problems.
Identify common sources of credit (e.g., banks, credit card companies) and types of credit (e.g., loans, credit cards, mortgages).