• Format: Individual or group project.

• Task: Choose one of the three credit reporting agencies (Equifax, Experian, or TransUnion) and explore their website. Focus on finding out:

  • How credit scores are calculated.

  • The services each agency offers to consumers.

  • The importance of credit monitoring and management.

  • Examples of real-life situations influenced by credit scores (e.g., loans, insurance premiums, employment opportunities).

Step 2: Real-Life Impact

• Search for examples (articles, news stories, case studies) that show how a person’s credit score has impacted a real-life situation. Some situations to consider include:

  • Buying a home or renting an apartment.

  • Applying for a credit card or loan.

  • Securing a job where credit history is checked.

  • Obtaining car insurance or setting utility rates.

Step 3: Collect Resources

• Use the articles, case studies, and videos provided or find additional credible sources on the topic of credit scores and their impact.

• Take notes on the most important information that will help explain how credit scores work and why they matter in everyday life.

Step 4: Presentation Preparation

• Prepare a 5-minute presentation that includes:

  • A summary of what you learned about your assigned credit reporting agency.

  • Examples of real-life situations influenced by credit scores.

  • Any surprising or important insights you discovered in your research.