NBEA Achievement Standards for Personal Finance Correlation by Task
In this course, the following tasks/competencies reinforce the standards listed beside them. Teachers may identify additional reinforcements in locally developed instructional materials.
|Task/Competency Number||Task/Competency Statement||Standards|
|65||Identify various collection procedures.||
NBEA Achievement Standards for Personal Finance: Analyze factors that affect the choice of credit, the cost of credit, and the legal aspects of using credit. ♦ Analyze the sources of assistance for debt management. ♦ Compare and contrast the legal aspects of different forms of credit (e.g., title transfer, responsibility limits, collateral requirements, and co-signing). ♦ Describe the risks and responsibilities associated with using credit. ♦ Identify strategies for effective debt management. ♦ Research rights and responsibilities of consumers according to credit legislation (e.g., truth-in-lending, fair credit reporting, equal credit opportunity, and fair debt collection).