Formats and tools
- Unit Description
- Reconstruct the unit from the xml and display it as an HTML page.
- Assessment Tool
- an assessor resource that builds a framework for writing an assessment tool
- Assessment Template
- generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
- Assessment Matrix
- a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
- Wiki Markup
- mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
- Evidence Guide
- create an evidence guide for workplace assessment and RPL applicants
- Competency Mapping Template
- Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
- Observation Checklist
- create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)
- Self Assessment Survey
- A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
- Moodle Outcomes
- Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
- Registered Training Organisations
- Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver FNSFLIT203A, 'Develop understanding of debt and consumer credit'.
- Google Links
- links to google searches, with filtering in place to maximise the usefulness of the returned results
- Books
- Reference books for 'Develop understanding of debt and consumer credit' on fishpond.com.au. This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to ntisthis.com for every purchase, so go nuts :)
Elements and Performance Criteria
ELEMENT | PERFORMANCE CRITERIA |
1. Identify and discuss the role of credit in society | 1.1 The concepts and terminology of credit provided by a financial institute and debt incurred by a borrower are analysed and discussed 1.2 The historical and current role of consumer credit within Australian society is identified and advantages and disadvantages of credit use are analysed and discussed 1.3 The impact of consumer debt on the national economy is analysed and discussed |
2. Identify and discuss the range of credit options available | 2.1 Types of credit facilities used by businesses are analysed and compared 2.2 Types of credit facilities used by individuals are analysed and compared 2.3 Differences between unsecured and secured loans are analysed and discussed 2.4 Implications of default on secured loans are explained to the client |
3. Identify and discuss costs of using credit | 3.1 Fees and costs associated with different types of credit options are analysed and discussed 3.2 The features and associated risks of fixed versus variable interest rates are analysed and compared 3.3 Ways to compare advertised interest rates and the effects of fees and charges are analysed and discussed |
4. Analyse and discuss the effective use of consumer credit | 4.1 Ways to avoid excessive or unmanageable debt are analysed and discussed 4.2 Strategies to minimise fees on credit are identified and discussed 4.3 The importance of meeting minimum payments on credit cards is analysed and discussed 4.4 Ways to avoid credit card fraud are identified, analysed and discussed |
5. Manage personal credit rating and history | 5.1 The role of credit reference agenciesis analysed and discussed 5.2 The purpose and use of credit reference reports in assessing loan applications is analysed and discussed 5.3 Implications of establishing a poor credit history are analysed and discussed 5.4 The right to access and methods of obtaining own credit reference report are analysed and discussed |
This describes the essential skills and knowledge and their level, required for this unit.