Lesson Objectives
- Identify credit application regulations.
- Explain credit use regulations.
- Understand what credit fraud is and how people go about getting your information
Notes 3-1
- Obtain a Notes 3-1 handout from your instructor and fill in the missing parts through the presentation. You can also view the presentation here.
Assignment CU3.1
- Inside of your Credit Unit folder, create a new folder titled Lesson 3. All your tasks completed in Lesson 3 should be stored in this folder.
Assignment CU3.2
- Credit fraud is one of the fastest growing crimes around the world. To better prepare yourself from this happening to you, you need to educate yourself on the matter. To do that, make a copy of this Google Document and name it Credit Fraud-(Your Initials) and use these links to answer the questions listed:
- What is credit fraud?
- What are the three main types of credit fraud?
- What are some things that credit thieves use to get your personal information?
- What are some warning signs that credit fraud may be occurring to you?
- What are some recommended credit fraud prevention tips for you to take part in?
- If you believe you are a fraud victim, what is suggested that you do?
- What are the four steps in the four-step process if you are a victim of credit fraud?
Assignment CU3.3
- Watch this video to learn some techniques to use to prevent identity theft.
- Explain in a paragraph or two why you would choose one of the identity theft prevention options and how it will help keep your credit safe.
- Record your response in a new Google Document titled Identity Theft Prevention-(Your Initials).