# CTE Resource Center - Verso - Independent Living Task 871652966

CTE Resource Center - Verso

Virginia’s CTE Resource Center

Identify the influence of a credit report.

Definition

Identification should include
  • the components of the credit report
  • the duration for which the credit report is valid
  • methods for improving a credit score
  • uses for the credit report
  • privacy issues regarding the credit report
  • situations in which the credit report might be accessed by others
  • those authorized to access the credit report.

Process/Skill Questions

Thinking
  • Why might someone want to improve his or her credit score?
  • What steps can you take to improve your credit report?
  • Who can access your credit report?
  • What benefits might you receive from having a high credit score?
Communication
  • Why is it important to keep your credit report private?
  • How can you use your credit report to negotiate more favorable financial instruments and services?
  • How can you access your credit report and how often should you do this?
Leadership
  • What behaviors should you avoid in order to maintain a favorable credit report?
  • How can a favorable credit report dramatically improve your budget?
  • How do you establish credit and when might you begin taking steps to do this?
Management
  • How can poor credit reports affect your working life/employment?
  • What are steps you can take if you should become a victim of identity theft?
  • What can you do if you find incorrect information on your credit report?

Related Standards of Learning

English

8.6

The student will read, comprehend, and analyze a variety of nonfiction texts.
  1. Identify an author’s organizational pattern using textual clues, such as transitional words and phrases.
  2. Apply knowledge of text features and organizational patterns to analyze selections.
  3. Skim materials to develop an overview or locate information.
  4. Make inferences and draw conclusions based on explicit and implied information using evidence from text as support.
  5. Analyze the author’s qualifications, viewpoint, word choice, and impact.
  6. Analyze details for relevance and accuracy.
  7. Differentiate between fact and opinion.
  8. Identify the main idea.
  9. Summarize the text identifying supporting details.
  10. Identify cause and effect relationships.
  11. Evaluate, organize, and synthesize information for use in written and other formats.
  12. Analyze ideas within and between selections providing textual evidence.
  13. Use reading strategies to monitor comprehension throughout the reading process.

9.5

The student will read and analyze a variety of nonfiction texts.
  1. Apply knowledge of text features and organizational patterns to understand, analyze, and gain meaning from texts.
  2. Make inferences and draw conclusions based on explicit and implied information using evidence from text as support.
  3. Analyze the author’s qualifications, viewpoint, and impact.
  4. Recognize an author’s intended purpose for writing and identify the main idea.
  5. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical sequence of events, within and between texts.
  6. Identify characteristics of expository, technical, and persuasive texts.
  7. Identify a position/argument to be confirmed, disproved, or modified.
  8. Evaluate clarity and accuracy of information.
  9. Analyze, organize, and synthesize information in order to solve problems, answer questions, complete a task, or create a product.
  10. Differentiate between fact and opinion and evaluate their impact.
  11. Analyze ideas within and between selections providing textual evidence.
  12. Use the reading strategies to monitor comprehension throughout the reading process.

11.5

The student will read, interpret, analyze, and evaluate a variety of nonfiction texts including employment documents and technical writing.
  1. Apply information from texts to clarify understanding of concepts.
  2. Read and correctly interpret an application for employment, workplace documents, or an application for college admission.
  3. Analyze technical writing for clarity.
  4. Paraphrase and synthesize ideas within and between texts.
  5. Draw conclusions and make inferences on explicit and implied information using textual support.
  6. Analyze multiple texts addressing the same topic to determine how authors reach similar or different conclusions.
  7. Analyze false premises, claims, counterclaims, and other evidence in persuasive writing.
  8. Recognize and analyze use of ambiguity, contradiction, paradox, irony, sarcasm, overstatement, and understatement in text.
  9. Generate and respond logically to literal, inferential, evaluative, synthesizing, and critical thinking questions about the text(s).

12.5

The student will read, interpret, analyze, and evaluate a variety of nonfiction texts.
  1. Use critical thinking to generate and respond logically to literal, inferential, and evaluative questions about the text(s).
  2. Identify and synthesize resources to make decisions, complete tasks, and solve specific problems.
  3. Analyze multiple texts addressing the same topic to determine how authors reach similar or different conclusions.
  4. Recognize and analyze use of ambiguity, contradiction, paradox, irony, overstatement, and understatement in text.
  5. Analyze false premises claims, counterclaims, and other evidence in persuasive writing.

Other Related Standards

FCCLA National Programs

Families First: Meet the Challenge

 

Financial Fitness: Earning

 

Financial Fitness: Protecting

 

Financial Fitness: Saving

 

Financial Fitness: Spending

 

Power of One: A Better You

 

FCCLA: STAR Events (2019)

National Programs in Action

 

Professional Presentation

 

Public Policy Advocate

 

National Standards for Family and Consumer Sciences Education

2.1.1

Apply time management, organizational, and process skills to prioritize tasks and achieve goals.

2.1.2

Analyze how individuals and families make choices to satisfy needs and wants.

2.1.3

Analyze decisions about providing safe and nutritious food for individuals and families.

2.1.4

Apply consumer skills to providing and maintaining clothing.

2.1.5

Apply consumer skills to decisions about housing, utilities, and furnishings.

2.1.8

Apply consumer skills to acquire and maintain transportation that meets the needs of individuals and family members.

2.1.7

Apply consumer skills to decisions about recreation.

2.1.6

Summarize information about procuring and maintaining health care to meet the needs of individuals and family members.

2.4.1

Analyze the types of technology and software programs that affect family and consumer decision-making.

2.4.2

Analyze how media and technological advances influence family and consumer decisions.

2.4.3

Assess the use of technology and its effect on quality of life.

2.5.1

Analyze the use of resources in making choices that satisfy needs and wants of individuals and families and communities.

2.6.1

Evaluate the need for personal and family financial planning.

2.6.2

Apply financial management principles to individual and family financial practices.

2.6.3

Apply management principles to decisions about insurance for individuals and families.

2.6.4

Evaluate personal and legal documents related to effective management of individual and family finances.

3.3.2

Demonstrate components of a financial planning process that reflect the distinction between needs, wants, values, goals, and economic resources for a variety of diverse populations.

3.3.1

Explain the effects of the economy on personal income, individual and family security, and consumer decisions.

3.3.3

Analyze the effect of consumer credit on short- and long-term financial planning.

3.3.4

Compare investment and savings alternatives.

3.3.6

Analyze the effect of key lifecycle transitions on financial planning.

3.3.7

Explain the role of estate planning in long-term financial planning.

3.3.8

Analyze factors that influence establishing and maintaining a good credit rating and the effect of credit ratings on rates and terms for credit and insurance.