What Happens If I Don't Pay?

Picture this: you work Monday through Friday, have baseball games on the weekends, and you babysit your neighbors daughter after work each day. By the time you know it, bills are overdue and you're at a loss. What Happens If I don't Pay?: Lesson 7 guides participants on what to do when you miss a payment and how to prevent it from happening in the future.

Participants Will:

  • Recognize signals that their amount of debt is becoming unmanageable.

  • Know the actions that lenders may take against them if they don’t pay, including debt collection practices.

  • Know the costs of not paying their bills.

  • Know appropriate actions to take when they cannot pay their bills.

  • Attempt to work out a manageable repayment plan based on their spending plan.

  • Know how much they owe and the relevant details of their debts.

  • Evaluate their use of credit.

Key Features:

  • Recognize when debt is becoming too much.
  • Learning how to manage a repayment plan based on your spending plan.
  • Customize activities fit to either a 30 or 60 minute timeframe.
  • Easily add more resources by replicating included master copies.

Activities Included:

  1. You've Been Pre-Approved!
  2. Paying Your Bills Decision Tree
  3. The Cost of Bad Credit
  4. Debt Collector Role Play
  5. How Much Do You Owe?
  6. Credit Check-Up
  7. Wrap-up and Evaluation

What you'll need from the Resource Box:

  • Why it Matters situations
  • Debt Collector Role Play script, 2 copies

Additional Materials (not included):

 *= optional items

  • Pen or pencil for each participant

Not paying your bills has consequences. Even when you're late, pay as soon as you can.