Focusing on being financially fit in preparation for adult life, TransUnion’s #KnowYourScore initiative will launch in Leeds, ahead of a national rollout next year.
Kelli Fielding, managing director of consumer interactive at TransUnion in the UK, said: “Our Credit Scores Explained course will be delivered in secondary schools, in partnership with the Leeds United Foundation.
“Our aim is to give teens the best start to their financial life, helping them learn more about managing money and understanding from an early age the role that their credit report and score can play.
“This information can help prepare them for their adult lives, whatever path they choose, and is particularly timely, as Covid-19 exacerbates financial stresses.
“Nearly a third, 31 per cent, of teens say their parents talking about money worries is making them think more about finance, according to our survey.”
The course, for young people aged between 13 and 18, will cover specific aspects of managing money and the role credit information plays in day-to-day life, with lessons aligning to financial education frameworks.