Debt and Banking: Introduction

Understanding Credit

This module is titled, Debt and Banking, and for good reason. These two concepts are introduced together in this module as the concepts often go hand-in-hand. For instance, a car loan is a form of debt and many people get their car loans financed through a lending establishment like a bank. Likewise, most people use their bank accounts to pay the payments on their loans/debts.

In this module you will learn about debt and banking. In regard to debt, you will learn about good debt and bad debt. In addition, you will learn about financial habits that may make you prone to debt problems. From a banking perspective, you will learn about the different types of banks that exist and the products that banks offer. You will also learn methods for protecting yourself and your money from ID theft.