Focusing on obtaining and using consumer credit, this document is one in a series of three consumer education modules developed to educate individual adult consumers in important areas of consumer affairs. An introductory section provides an overview of the module contents, suggested approaches for using the module, and suggestions for working with adults. Preceding the conceptual outline of the learning module is a complete list of objectives and competencies covered by the module. The conceptual outline includes the objectives, competencies, and supplemental narrative related to each of the following units of study: reasons for using credit; consequences of credit usage; types and sources of credit; credit and your credit rating; and knowing your rights and responsibilities concerning credit. The leader's activities are described for each of the five units and include the following information: section of module; type of activity, time required, and description of activity. A glossary of terms and a resource list are also included. Finally, an evaluation plan is described, and transparency masters for each unit are appended. (A related manual on financial counseling is also available, CE 016 110). (BM)