This competency-based preservice home economics teacher education module on family and individual credit management is the fifth in a set of seven modules on consumer education related to management. (This set is part of a larger series of sixty-seven modules on the Management Approach to Teaching Consumer and Homemaking Education [MATCHE]--see CE 019 901-967.) Following the module objective and overview, four units of instruction are presented: (1) qualifying for credit (includes a lesson on criteria and conditions); (2) getting credit (includes a lesson on methods for getting credit); (3) using credit effectively (includes lessons on determining the dollar costs of credit, and managing and using credit effectively); and (4) solving the problems of overextended credit (includes one lesson, six case studies, and three shopping guides.) Each lesson includes a narrative summary, suggested activities, and suggested resources (readings). A master list of suggested module resources (books, periodicals, films, and educational kits and games) is also included. A module pre/posttest (with answer key) concludes the document. (Workshop proceedings relating to the development of these modules are available in the ERIC system as CE 019 896-899; also available is a module on utilizing FHA-HERO as an instructional strategy to expand and strengthen the home economics instructional programs [CE 019 900].) (JH)