What is Credit Score? Beginner’s Guide to Credit

The lesson explains credit scores in an easy to understand way. Understanding your credit score is crucial for managing your finances, whether you’re just starting to build credit or have been doing so for a while.


Use this video lesson on the topic of credit score. Learn basic credit and related concepts of:

  • Credit score
  • Credit history
  • Credit reporting agencies
  • Importance of credit score
  • Improving credit score
  • Factors that hurt credit score


9-12th grades


15-25 Minutes. It may be necessary to adjust the lesson plan and allocate more or less time to certain topics, depending on the needs and interests of the students.


Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have and have them complete the worksheet.  Review the questions on the worksheet.  A more comprehensive and detailed lesson plan can be accessed below for further instruction and study.

What is Credit Score ? Beginner’s Guide to Credit

After watching the video, have students tell what the most important things they learned from the video.

Additional Resources

See our additional resources on credit:



Lesson Plan: What is Credit Score?

Objective: Students will understand the importance of credit scores and learn how to manage their finances to improve their credit score. Additionally, they will take a quiz to assess their understanding of the key concepts presented in the video.


  • Video: “What is Credit Score?” (see above)
  • Computer and projector
  • Whiteboard and markers
  • Handouts on credit score management (see below)
  • Worksheet with multiple choice questions (see below)

Introduction (10 minutes):

Show the video “What is Credit Score?” to the class. Ask students to share what they learned from the video. Write key points on the whiteboard.

Main Activity (30 minutes):

Divide the class into groups of three. Give each group a handout on credit score management. Instruct each group to read and discuss the handout, highlighting key points. Each group will then present their key points to the class.

Quiz (15 minutes):

Give each student a worksheet with multiple choice questions based on the video. Instruct students to complete the quiz individually. Collect the quizzes and grade them.

Discussion (10 minutes):

After the quiz, facilitate a discussion on credit score management. Review the correct answers to the quiz and discuss any areas where students may need additional clarification. Ask students what they think are the most important factors in maintaining a good credit score. Discuss ways to improve credit scores, including paying bills on time, keeping credit utilization low, and monitoring credit reports.

Conclusion (5 minutes):

Recap the key points discussed in the lesson. Remind students that managing their finances is important and can affect their financial future. Encourage students to take steps to improve their credit scores.


Students will be assessed based on their participation in the group discussion, their ability to identify key points in the handout on credit score management, and their performance on the quiz.

What is a Credit Score?

What is Credit Score?


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For additional related lessons, explore our main category pages:

Categories Borrowing Money, Credit, Credit Cards, Saving & Investing, Tags , , ,

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