The third and final lesson of Money in the Classroom is designed to bring all of the lessons together. Students learn the steps to getting a loan including what to look for when shopping for a loan. The three C's of credit - capacity, character and collateral - are also highlighted to explain how loans get approved or denied. The three C's help students connect elements from the two previous lessons including income, debt ratio and the importance of credit scores.

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After reviewing the three C's of credit, students are hired at the credit union to review loan applications. First, they build their loan application by selecting options out of an envelope including credit score, debt ratio, credit history and length of employment. Then students use the three C's of credit to determine if they will approve or deny the loan.