Standard #: SS.912.FL.4.5


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Explain that lenders make credit decisions based in part on consumer payment history. Credit bureaus record borrowers’ credit and payment histories and provide that information to lenders in credit reports.


Remarks


List factors from an individual’s credit history or credit application that may cause a lender to deny credit.
Explain what credit bureaus do.

General Information

Subject Area: Social Studies
Grade: 912
Strand: Financial Literacy (Discontinued after 2023-2024)
Standard: Using Credit
Date Adopted or Revised: 04/15
Status: State Board Approved

Related Courses

Course Number1111 Course Title222
2102800: Florida’s Preinternational Baccalaureate Comparative Economics With Financial Literacy (Specifically in versions: 2014 - 2015, 2015 - 2022, 2022 and beyond (current))
2102335: Economics with Financial Literacy (Specifically in versions: 2014 - 2015, 2015 - 2018, 2018 - 2022, 2022 - 2024 (course terminated))
2102340: Economics with Financial Literacy for Credit Recovery (Specifically in versions: 2015 - 2018, 2018 - 2022, 2022 and beyond (current))
2102345: Economics with Financial Literacy Honors (Specifically in versions: 2014 - 2015, 2015 - 2018, 2018 - 2022, 2022 - 2024 (course terminated))
7921022: Access Economics with Financial Literacy (Specifically in versions: 2014 - 2015, 2015 - 2018, 2018 - 2023, 2023 and beyond (current))
2102372: Personal Financial Literacy (Specifically in versions: 2015 - 2018, 2018 - 2019, 2019 - 2022, 2022 and beyond (current))
2102374: Personal Financial Literacy Honors (Specifically in versions: 2015 - 2018, 2018 - 2019, 2019 - 2022, 2022 and beyond (current))
7921021: Access Personal Financial Literacy (Specifically in versions: 2019 - 2023, 2023 and beyond (current))


Related Access Points

Access Point Number Access Point Title
SS.912.FL.4.AP.5 Explain how credit bureau reports help lenders make credit decisions.


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