Financial Pitfalls Case Studies

In this case study,  students will communicate the risks, fees, and outcome of payday loans and bankruptcy. Students will give suggestions for debt management and calculate the total cost of a payday loan.

In this Case Study, students will take on the role of a credit counselor to assist a borrower who finds himself in serious financial distress. Several options will be presented, and students will identify pros and cons of each approach and choose a path forward.

This Case Study provides a series of common situations for consumers, for which students will determine “What is the Catch?” to help them avoid these potential financial pitfalls.