Practical guidance to help people understand credit, borrow responsibly, and avoid over-indebtedness.
This tool helps you explain what credit and debt are, how loans work, and the importance of understanding key terms like interest, collateral, and repayment schedules. It helps people make informed decisions before borrowing, recognize safe credit options, and plan repayments responsibly. Participants learn that debt includes both the borrowed amount and the interest, and that borrowing should only be done when necessary and for productive purposes. The tool also highlights the risks of over-indebtedness and provides practical examples and stories to reinforce safe borrowing and financial awareness.
