Credit-related topics have consistently appeared in IELTS Writing Task 2, particularly in recent years. Based on analysis of past exam questions, topics about financial literacy and credit management have appeared approximately 15-20% of the time, making them crucial areas for IELTS preparation.
IELTS Writing Task 2 question about credit report understanding
Sample Question Analysis
Some people argue that schools should teach students how to read and understand credit reports, while others believe this responsibility belongs to parents. Discuss both views and give your opinion.
This question requires:
- Discussion of two opposing views
- Personal opinion with justification
- Examples and relevant supporting details
- Clear structure and coherent arguments
Band 8.5 Sample Essay
In today’s complex financial landscape, understanding credit reports has become increasingly crucial for young adults. While some advocate for schools to incorporate this knowledge into their curriculum, others maintain that parents should bear this responsibility. I believe both institutions play vital roles in preparing youth for financial literacy.
Those who support school-based credit education argue that professional educators are better equipped to teach financial concepts systematically. Schools can provide structured learning environments where students learn about credit scores, payment histories, and debt management through standardized curricula. Moreover, teachers can ensure all students receive equal access to this essential knowledge, regardless of their parents’ financial literacy levels.
Conversely, proponents of parental responsibility contend that financial education should begin at home. Parents can share real-world experiences and provide practical guidance based on their personal credit management journey. They can also tailor the information to their children’s specific circumstances and gradually introduce concepts as their children mature.
In my opinion, the most effective approach combines both educational channels. Schools should provide the theoretical foundation and technical knowledge, while parents can supplement this with practical applications and personal insights. This collaborative approach ensures students receive comprehensive financial education that prepares them for adult responsibilities.
Band 6.5 Sample Essay
Nowadays, many people discuss about who should teach young people about credit reports. Some think schools must teach this, but others say parents should do it. I will discuss both sides and give my opinion.
First, schools teaching credit reports is good because teachers know how to teach well. They can explain difficult things in simple way and use good materials. Also, all students can learn same things, so nobody misses important information about credit reports.
But some people think parents should teach about credit. They say parents know their children better and can teach them slowly. Parents also have real experience with credit cards and loans, so they can give good advice to children.
I think both schools and parents need to teach about credit reports. Schools can teach basic things like what is credit score and how to read reports. Parents can help children understand real situations and give advice based on family experience.
Key Vocabulary
- financial literacy (n) /faɪˈnænʃəl ˈlɪtərəsi/ – ability to understand and manage financial matters
- curriculum (n) /kəˈrɪkjələm/ – subjects included in a course of study
- structured learning (n) /ˈstrʌktʃəd ˈlɜːnɪŋ/ – organized educational approach
- proponents (n) /prəˈpəʊnənts/ – supporters of an idea or cause
- theoretical foundation (n) /θɪəˈretɪkəl faʊnˈdeɪʃən/ – basic principles of a subject
- comprehensive (adj) /ˌkɒmprɪˈhensɪv/ – complete and thorough
- collaborative approach (n) /kəˈlæbərətɪv əˈprəʊtʃ/ – method involving multiple parties working together
Conclusion
Understanding credit reports remains a crucial topic in IELTS Writing Task 2. Practice writing essays on related topics such as:
- The importance of financial education in high schools
- Teaching money management skills to teenagers
- The role of banks in promoting financial literacy
Share your practice essays in the comments section for feedback and improvement suggestions.
