Borrowers who repay loans as promised show that they are worthy of getting credit in the future. A reputation for not repaying a loan as promised can result in higher interest charges on future loans, if loans are available at all.
Standard detail
4.
Benchmark
Depth 1Parent ID: 8731F4ADC94A43D1A86682542E960E90Standard set: Grades K, 1, 2, 3, 4
Original statement
Quick facts
- Statement code
- 4.
- List ID
- 4.
- Standard ID
- 6771E5B6701C467AA71418744328B64B
- ASN identifier
- S2604573
- Subject
- Financial Literacy
- Grades
- 01, 02, 03, 04, K
- Ancestor IDs
- 8731F4ADC94A43D1A86682542E960E90
- Source document
- National Standards for Financial Literacy (2013)
- License
- CC BY 3.0 US