Learning About Loans

Scripture: Matthew 18:15-35

Learning Objectives:

  • Students will learn God wants us to settle conflict quickly and in godly ways.
  • Students will learn God wants us to forgive those who hurt us, as many times as necessary.
  • Students will learn there is a process for handling conflict with those who have sinned against you and will not repent.
  • Students will learn how to use vocabulary associated with getting a loan.

Guiding Question: How can students learn vocabulary needed when getting a loan?

Materials: Vocabulary from resource, real loan application of your choosing

Procedure: Review the story of the Servants in Debt. Tell students that there are many times in our life when we may have a conflict with someone else and need to forgive them for hurting us. This could be with family, friends, or even people we may not know well. Have the students share a time they were in conflict and if they think they handled the situation well or could they have handled it in a more godly way. Explain that God wants us to reflect Him and His character in all we do and that includes when we are in a conflict with someone. We should love the other person the best we can during a disagreement and act calm so that we don’t do something we will regret later. 

Introduce the activity about vocabulary associated with loans. Introduce words students might encounter on a loan application or in a conversation with a banker about a loan. Have students complete (but not submit) a real loan application.

Resource: https://www.onemainfinancial.com/resources/loan-basics/personal-loan-terminology-you-should-know

Additional Questions: How can students practice applying for a loan at a bank?

Supplemental Activity: Have students work in pairs, one being the banker and one being the person wanting a loan. Have the students practice applying for a loan using the vocabulary learned.

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