Consumer Education: Installment Buying

Duration: 0:13:00

Creator: BFA Educational Media

Format: 16mm

Color: Color

Sound: sound

Description: Dramatizes the benefits and dangers of purchasing commodities on an installment plan by analyzing three types of lending institutions--a bank, a small loan company, and a credit union. Portrays two girls who wish to purchase a car as they compute the true annual interest charged by each type of lending institution. Compares required down payment, type of interest charged, actual cost of the loan, and advantages and disadvantages of each type of loan. Leaves the final decision to the viewer.

Complete Record: , Dramatizes the benefits and dangers of purchasing commodities on an installment plan by analyzing three types of lending institutions--a bank, a small loan company, and a credit union. Portrays two girls who wish to purchase a car as they compute the true annual interest charged by each type of lending institution. Compares required down payment, type of interest charged, actual cost of the loan, and advantages and disadvantages of each type of loan. Leaves the final decision to the viewer.NOTE: Two (or more) records have been merged together to create this data.