1. Poster Project: Credit and Banking
Due
Thursday, April 30th
100 points

2. Instructions
Objective: Create a poster which displays your understanding of Credit and other financial services.
Instructions:
Use a poster (partner up if you wish)
Display all required information in written form on the poster (printed, hand written)
Minimum 4 pictures (printed, hand drawn)
Answer short prompt and glue to your poster as well

3. Required information: all in chapter 25 pages 287-303
What are banking basics?
How the bank helps you? examples
Fees
ATM
What is Credit?
Creditors, debtors
Finance charge, interest rate, APR
2 types of loans
What is the Cost of Credit?
Usury
Variable interest rates
Other charges
What should be avoided?
Loan sharking
Balloon payments
Acceleration clause
Bill consolidation
Laws
Truth in Lending Act
Electronic Fund Transfer Act
Equal opportunity Act
Fair Credit Reporting Act

4. Prompt
What would be your advice to a young person considering taking out a loan or a credit card? Speak about both the benefits and dangers of credit.

5. Credit and Banking Banking basics What is Credit?
What is the cost of credit?
PIcture
PIcture
PIcture
PIcture
Prompt
What should be avoided?
Laws
PIcture

6. Credit and Banking Banking basics What is Credit?
What is the cost of credit?
PIcture
PIcture
PIcture
What should be avoided?
Prompt
Laws
PIcture
PIcture

7. Credit and Banking Banking basics What is Credit?
What is the cost of credit?
PIcture
PIcture
PIcture
Prompt
What should be avoided?
Laws
PIcture
PIcture