The
CreditSmart®
program is intended to help American families obtain the knowledge and skills
needed to effectively manage their money and improve their credit. The curriculum
features 9 modules:
Your Credit and Why It Is Important: Introduces credit, basic terminology and the importance of a good credit record.
Managing Your Money: Shows the importance of budgeting, developing wise spending habits and saving money.
Goal Setting: Describes the importance of setting goals to achieve financial objectives.
Banking Services, an Important Step: Understanding
the basics of banking and how to establish a relationship with a financial institution.
Establishing and Maintaining Your Credit: How to
establish a credit presence and maintain a good credit history.
Understanding Credit Scoring: Credit Scoring from the borrower's
perspective and how consumer behavior affects credit scores.
Thinking Like a Lender: How lenders and other financial institutions determine creditworthiness.
Avoiding Credit Traps: Tips on avoid credit traps and predatory
lending practices that can consume personal resources and severely
damage credit histories.
Restoring Your Credit: Dealing with credit difficulties and
provides tips on how to restore impaired credit.
Planning for Your Future: Outlines the process to achieve
goals and attain financial security.
Becoming a Homeowner: Learn the advantages of buying vs. renting and how to determine if you are ready to buy a home.
