Happy EconEdMonth! Celebrate economics all month long by visiting EconEdMonth.org

Content Partner

Grade 9-12
,
Article

Payday Loan Statistics: Easy Cash or Bad Bargain?

Time: 15 mins,
Updated: April 8 2020,
Author: ChamberofCommerce.org
Teacher Version
Objective Standards Summary Description
Print

Objective

Students will be able to:

  • Better understand payday loans and the pitfalls they typically lead to.

Standards

State Standards

Concepts

Budgeting/Money Managment
 Open Article

In this economics article, students will understand loans and how to avoid or best handle them.

Description

ChamberofCommerce.org created this free resource on the latest payday loan statistics and tips, hopefully aiming to help others understand the predatory nature of these loans and how to avoid or best handle them.

Subjects:
Economics

Related Resources

Content Partner

Grades 6-8, 9-12

PBS-NOVA Financial Lab

Managing money is hard! Even when you know what you should do, it can be hard to actually do it....
Key Concepts: Budgeting/Money Managment
45 min
Activity

Grades 6-8, 9-12

Set a Savings Goal

In this personal finance activity, students will identify the steps needed to meet a savings goal.
Key Concepts: Budgeting/Money Managment
20 min
Activity

Grades 6-8, 9-12

Is It Worth It?

In this personal finance activity, students will consider the costs of saving to make a purchase.
Key Concepts: Budgeting/Money Managment, Cost-Benefit Analysis 1, Marginal Analysis 2
30 mins
Activity