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QR Challenge: Warm Up - Credit and Loans Vocab

Created using the ClassTools QR Treasure Hunt Generator

Teacher Notes

A. Prior to the lesson:

1. Arrange students into groups. Each group needs at least ONE person who has a mobile device.

2. If their phone camera doesn't automatically detect and decode QR codes, ask students to

3. Print out the QR codes.

4. Cut them out and place them around your class / school.


B. The lesson:

1. Give each group a clipboard and a piece of paper so they can write down the decoded questions and their answers to them.

2. Explain to the students that the codes are hidden around the school. Each team will get ONE point for each question they correctly decode and copy down onto their sheet, and a further TWO points if they can then provide the correct answer and write this down underneath the question.

3. Away they go! The winner is the first team to return with the most correct answers in the time available. This could be within a lesson, or during a lunchbreak, or even over several days!


C. TIPS / OTHER IDEAS

4. A detailed case study in how to set up a successful QR Scavenger Hunt using this tool can be found here.


Questions / Answers (teacher reference)

Question

Answer

1. This is a place that gives out loans (example: a bank)lender
2. Payday lenders might take your car title as ______ to guarantee that you'll pay back a loan.collateral
3. If I have a lot of ___, then I have an obligation to pay a lot of money back.debt
4. I have a high ______, which shows that I am trustworthy and pay back my loans.credit score
5. I spent money on my credit card and have to pay it back after the 28 day _____.grace period
6. When I get a loan for my house, it is called a ___.mortgage
7. These types of loans are very BAD and Ms. Robbins will yell at you if you do this!Payday loans
8. This is another way of saying interest, it's the percentage of a loan that you must pay in interest each year.APR(annual percentage rate)
9. I put $2,000 down upfront for a car, before I could get a loan for the rest of they money. This is called a ___.down payment
10. If you borrow money, you are a ____.borrower

 



Warm Up - Credit and Loans Vocab: QR Challenge

https://www.classtools.net/QR/decode.php?text=Warm Up - Credit and Loans Vocab
Q1/10:

This is a place that gives out loans (example: a bank)&choe=UTF-8

Question 1 (of 10)

 



Warm Up - Credit and Loans Vocab: QR Challenge

https://www.classtools.net/QR/decode.php?text=Warm Up - Credit and Loans Vocab
Q2/10:

Payday lenders might take your car title as ______ to guarantee that you'll pay back a loan.&choe=UTF-8

Question 2 (of 10)

 



Warm Up - Credit and Loans Vocab: QR Challenge

https://www.classtools.net/QR/decode.php?text=Warm Up - Credit and Loans Vocab
Q3/10:

If I have a lot of ___, then I have an obligation to pay a lot of money back.&choe=UTF-8

Question 3 (of 10)

 



Warm Up - Credit and Loans Vocab: QR Challenge

https://www.classtools.net/QR/decode.php?text=Warm Up - Credit and Loans Vocab
Q4/10:

I have a high ______, which shows that I am trustworthy and pay back my loans.&choe=UTF-8

Question 4 (of 10)

 



Warm Up - Credit and Loans Vocab: QR Challenge

https://www.classtools.net/QR/decode.php?text=Warm Up - Credit and Loans Vocab
Q5/10:

I spent money on my credit card and have to pay it back after the 28 day _____.&choe=UTF-8

Question 5 (of 10)

 



Warm Up - Credit and Loans Vocab: QR Challenge

https://www.classtools.net/QR/decode.php?text=Warm Up - Credit and Loans Vocab
Q6/10:

When I get a loan for my house, it is called a ___.&choe=UTF-8

Question 6 (of 10)

 



Warm Up - Credit and Loans Vocab: QR Challenge

https://www.classtools.net/QR/decode.php?text=Warm Up - Credit and Loans Vocab
Q7/10:

These types of loans are very BAD and Ms. Robbins will yell at you if you do this!&choe=UTF-8

Question 7 (of 10)

 



Warm Up - Credit and Loans Vocab: QR Challenge

https://www.classtools.net/QR/decode.php?text=Warm Up - Credit and Loans Vocab
Q8/10:

This is another way of saying interest, it's the percentage of a loan that you must pay in interest each year.&choe=UTF-8

Question 8 (of 10)

 



Warm Up - Credit and Loans Vocab: QR Challenge

https://www.classtools.net/QR/decode.php?text=Warm Up - Credit and Loans Vocab
Q9/10:

I put $2,000 down upfront for a car, before I could get a loan for the rest of they money. This is called a ___.&choe=UTF-8

Question 9 (of 10)

 



Warm Up - Credit and Loans Vocab: QR Challenge

https://www.classtools.net/QR/decode.php?text=Warm Up - Credit and Loans Vocab
Q10/10:

If you borrow money, you are a ____.&choe=UTF-8

Question 10 (of 10)