Course Title: Credit Builder University: A Free Educational Tool to Boost Your Credit Score

Desired Outcome: By the end of this course, learners will be able to demonstrate an understanding of the key factors that impact credit scores, develop strategies for improving their credit scores, and apply these strategies to a real-world scenario by creating a personal financial plan.

Module 1: Understanding Credit Scores

• Lesson Plan: Introduction to credit scores and their importance
• Learning Objectives:
  • Define credit score and its impact on financial wellness
  • Identify the key factors that impact credit scores
• Real World Examples:
  • Reviewing sample credit reports
  • Analyzing the impact of credit utilization on credit scores
• Activities:
  • Using a credit score simulator tool to experiment with different scenarios
  • Calculating credit utilization ratios
• Video Script: Explaining how credit scores are calculated and why they matter

Module 2: Strategies for Improving Your Credit Score

• Lesson Plan: Developing a plan for improving credit scores
• Learning Objectives:
  • Identify strategies for improving credit scores
  • Evaluate the pros and cons of different credit building methods
• Real World Examples:
  • Analyzing the impact of different credit building methods on credit scores
  • Reviewing real-life case studies of successful credit building
• Activities:
  • Setting personal credit building goals
  • Developing a budget plan to reduce debt and improve credit utilization
• Video Script: Outlining different credit building strategies and how to choose the best approach

Module 3: Using Credit Cards to Build Credit

• Lesson Plan: Understanding how credit cards impact credit scores
• Learning Objectives:
  • Evaluate the pros and cons of using credit cards to build credit
  • Develop a plan for using credit cards responsibly
• Real World Examples:
  • Analyzing the impact of credit card utilization on credit scores
  • Reviewing different types of credit cards and their benefits
• Activities:
  • Applying for a secured credit card and making on-time payments
  • Calculating the impact of different credit card utilization levels on credit scores
• Video Script: Discussing the benefits and risks of using credit cards to build credit

Module 4: Managing Debt and Collections

• Lesson Plan: Understanding the impact of debt and collections on credit scores
• Learning Objectives:
  • Identify strategies for managing debt and collections
  • Evaluate the impact of different debt repayment strategies on credit scores
• Real World Examples:
  • Analyzing the impact of different debt repayment methods on credit scores
  • Reviewing the consequences of debt collections on credit scores
• Activities:
  • Developing a debt repayment plan
  • Negotiating with debt collectors to minimize the impact on credit scores
• Video Script: Discussing the impact of debt and collections on credit scores and strategies for managing them effectively

Module 5: Monitoring Your Credit Report

• Lesson Plan: Understanding how to monitor and dispute errors on your credit report
• Learning Objectives:
  • Identify the benefits of monitoring your credit report
  • Develop strategies for disputing errors on your credit report
• Real World Examples:
  • Reviewing sample credit reports and identifying errors
  • Analyzing the impact of credit report errors on credit scores
• Activities:
  • Checking your credit report for errors and disputing them with credit bureaus
  • Monitoring your credit report regularly using free credit monitoring services
• Video Script: Explaining how to monitor your credit report and dispute errors

Module 6: Applying Your Credit Building Strategies to a Real-World Scenario

• Lesson Plan: Developing a personal financial plan
• Learning Objectives:
  • Apply credit building strategies to a