Video: Borrowing Money in Plain English

Added by
EntreOasis 5465
Aug 17, 2009 08:39 EDT

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Description

Borrowing Money in Plain English

By CommonCraft.com

YouTube

This short video presentation discusses the potential benefits and the risks of borrowing money.  For instance, a bank may provide you with a loan but you must consider what amount of interest you will pay.  When obtaining a loan you must conisder what your Annual Percentage Rate (APR) and term will be in order to see if you will be able to pay back the loan on a monthly basis.  CommonCraft delivers a wonderful, easy to understand explanation of the terms of borrowing money in this short animated video.

 

 

 

 

 

 

 

 

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Details

A short explanation of the risks and benefits of borrowing money.

Relevant Subject and Topic
Personal Credit, Managing Money, Startup Financing, Financing Sources, Banking, Math, Economics & Finance

Types
Tip or Suggestion
Presentation

Features
Informative, Educational, Entertaining, Animation, Sound or Narration, Video

Format
Video

Time To Complete
4 Minutes

Copyright Owner
CommonCraft.com
YouTube

Most Suitable For Use By
Instructors, Facilitators, Parents, Learners, Entrepreneurs

Age Appropriateness
Adult(19+)
Youth(12-18)

Grade Appropriateness
Middle School, High School, Postsecondary, Graduate, Adult General

Geographic Suitability
All or Non-Specific

Language
English

Education Standards Maps

Version History

Date Edited

Notes

Aug 17, 2009 08:39 EDT

kt

Aug 17, 2009 08:39 EDT

kt

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