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Each group will be assigned a type of credit and asked to complete research using the textbook and online resources. Each group will need to
Each group will be assigned a type of credit
and asked to complete research using the textbook and online resources. Each group will need to complete
the following requirements:
Create a scenario where the client would require this type of credit, include the reason.
Research a financial institution that offers this type of credit to meet your clients needs. Explain to the
client the following:
Describe your type of credit to the client
What are the specific terms, features and restrictions where applicable
What interest rate will they currently be charged?
What are the payment requirements?
What are the benefits and drawbacks of using this type of credit?
Presentation: You will prepare and present a presentation be creative. Example, one group member is the
financial planner, and the others are the clients. You can act out a client meeting where you discuss all the
above requirements.
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