Specialized Math: 13. Understanding Loans

In this elearning course, Understanding Loans, we will discuss how loans work so you can make informed decisions on when to take a loan and when not to. In this course we will review the components of a loan, discuss how each works, and review the different terminology associated with loans. We will also discuss the role of a good credit rating when trying to obtain a loan and review the five different types of loans: credit cards, auto loans, mortgages, home equity, and payday loans, and discuss the purpose of each.

Part of the series called Specialized Math, this course includes a video lesson, downloadable student materials and a short online quiz to check your comprehension of the course.