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Many people in this example might want to get money when you go to a payday lender and getting a cash advance

Many people in this example might want to get money when you go to a payday lender and getting a cash advance

Sources

  • Federal Trade Commission ‘Payday
  • Federal Trade Commission ‘Payday

Evaluation

  1. Ask pupils to assume that they’re grownups. Inform them that their vehicle would have to be learned and inspected it needs $300 worth of repairs to pass through examination. Inquire further whatever they would do should they didn’t have that sum of money saved. [Answers will be different but can include: borrow from a pal or member of the family, use it a credit card, compose a check and allow it bounce, or wait to have the repairs done before the $300 is conserved.]
  2. Inform the learning pupils that lots of individuals end up during these forms of circumstances. Draw a “K-W-L” (know, need to know, discovered) chart from the board including the one shown below.