Code: 2.7.7 · Adults
Renegotiating a credit agreement
Descriptors
Knowledge
What you can do at this level
- Kresiliencedaily-lifelarge-majority
Aware that it may be possible to renegotiate a credit agreement
Skill
What you can do at this level
- Sresiliencedaily-lifelarge-majority
Takes steps to stay informed about market changes when repaying credit and considers renegotiating unfavourable or unaffordable arrangements
- Learning outcome types
- K — What you need to know: theoretical understanding and factual information.
- S — What you can do: practical and technical abilities.