Financial Empowerment for Reentry: Building a Stable Financial Future
Module 2

Lesson 7: Introduction to Debt and Its Implications

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IN THIS LESSON

Learning Outcomes:

  • Understand the different types of debt and their impacts.

  • Learn the consequences of unpaid debts.

  • Topics Covered:

    • Types of Debt: Secured vs. Unsecured

    • Interest Rates, APR, and Loan Terms

    • The Impact of Debt on Credit and Financial Health

  • Activities:

    • Group discussions on personal experiences with debt.

    • Analyzing case studies on debt management.

  • Resources coming soon!