Managing Debt

Managing Debt

Article • 15 min of learning

Here's how Managing Debt aligns with curriculum standards in Arkansas. Use the filters to change the location, set of standards, and grade level.

Financial Literacy

Standard 3.0: Demonstrate the ability to use credit as a financial tool.

Performance Indicator 3.1: Evaluate the use of credit in effective financial management.

Standards
Defined by Financial Literacy Model Framework 10th-12th Grades and align with Managing Debt
3.1.1: Compare and contrast sources of credit, evaluating the products and services of each.
3.1.2: Differentiate between types of credit and loans.
3.1.5: Evaluate the risks associated with over‑extending credit, types of debt management, and how bankruptcy may affect future financial opportunities.

Performance Indicator 3.2: Assess the impact of using credit cards to manage credit.

Standards
Defined by Financial Literacy Model Framework 10th-12th Grades and align with Managing Debt
3.2.3: Analyze how credit‑card use influences credit score.