Questions:
- What is your attitude towards credits? Would you call them an evil or a blessing?
- To what extent do you agree with the proverb “Neither a borrower nor a lender be”?
- Under what circumstances would you consider lending your friends some money? borrowing money from your friends?
- To what extent do you agree with the following words:
- Would you say that a mobile application mentioned in the video is a reliable way to determine someone’s creditworthiness?
Useful Vocabulary:
to make a loan
to lend money
to pay right on the spot
to give somebody credit
to know someone on a personal level
through credit scores
to have a credit score
an aggregation and analysis of our public consumer credit data
to aggregate the data/the score
to have access to the credit
to make a financial transaction
creditworthiness of people
to cover one’s expenses
to be financially secure
to force someone into debt
discretionary income
to vouch for one’s credibility
loan sharks
low savings balance
to throw up a red flag to…
to look beyond income