When will I receive my Course Certificate?

If you complete the course successfully, your electronic Course Certificate will be added to your Accomplishments page - from there, you can print your Course Certificate or add it to your LinkedIn profile.

Why can’t I audit this course?

This course is currently available only to learners who have paid or received financial aid, when available.

Is financial aid available?

Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

Major Purchases and Borrowing

Major Purchases and Borrowing

This course is part of Personal Financial Planning Specialization

Instructor: Pearson

Included with Learn more

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1 module

Gain insight into a topic and learn the fundamentals.

Beginner level

Recommended experience

5 hours to complete

Flexible schedule

Learn at your own pace

1 module

Gain insight into a topic and learn the fundamentals.

Beginner level

Recommended experience

5 hours to complete

Flexible schedule

Learn at your own pace

What you'll learn

Evaluate consumer loans and debt management strategies to make informed borrowing decisions for your financial goals.
Assess financing alternatives for major life purchases, including education, vehicles, and housing.

Skills you'll gain

Details to know

Shareable certificate

Add to your LinkedIn profile

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Build your subject-matter expertise

This course is part of the Personal Financial Planning Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate

There is 1 module in this course

Make smarter decisions on life's biggest purchases by mastering consumer loans and debt management strategies. In this practical course, you will learn to calculate loan costs, compare financing alternatives for college and vehicles, and analyze the critical choice between buying a home or renting. By exploring different mortgage types and utilizing effective debt management techniques, you will be prepared to navigate major financial commitments confidently and align your choices with your long term goals.

This course covers consumer loans, enabling you to differentiate loan types and calculate costs. You'll learn debt management strategies and explore college financing alternatives. Additional topics to explore include comparing buying vs. leasing vehicles, buying a home vs. renting, and different mortgage options, equipping you to make informed decisions on major purchases.

What's included

1 video2 assignments4 app items4 plugins

1 videoTotal 3 minutes

Student and Mortgage Loans3 minutes

2 assignmentsTotal 120 minutes

Graded Quiz60 minutes
Practice Quiz60 minutes

4 app itemsTotal 140 minutes

Reading: Consumer Loans pp. 200-21735 minutes
Reading: Controlling Debt and Understanding Student Loans pp. 218-23635 minutes
Reading: Smart Buying and Cars pp. 242-25525 minutes
Reading: Renting Versus Buying a Home pp. 256-28145 minutes

4 pluginsTotal 20 minutes

Interactive: Terms of the Loan5 minutes
Interactive: Educational Loans5 minutes
Interactive: Types of Vehicle Leases5 minutes
Interactive: Mortgage Costs5 minutes

Earn a career certificate

Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.

Instructor

Pearson

152 Courses179 learners

Offered by

Pearson

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Frequently asked questions

Yes, you can preview the first video and view the syllabus before you enroll. You must purchase the course to access content not included in the preview.

If you decide to enroll in the course before the session start date, you will have access to all of the lecture videos and readings for the course. You’ll be able to submit assignments once the session starts.

Once you enroll and your session begins, you will have access to all videos and other resources, including reading items and the course discussion forum. You’ll be able to view and submit practice assessments, and complete required graded assignments to earn a grade and a Course Certificate.