Where can I borrow money from?

Question	Answer
Image: c78eb6ea-1e85-437a-8a30-e8d46c393702 (image/jpg)	Personal loans A bank will lend you a fixed amount of money, for a fixed time with a fixed rate.
Image: 6b173997-4c34-48c9-b61a-c3522b76c54d (image/jpg)	Personal loans A building society can also lend you a fixed amount, for a fixed term with a fixed rate
Image: 9c1ec385-3eb5-4b27-80b0-f0a7941e9792 (image/jpg)	I.O.U Family are often a safe way of borrowing money for your short term needs.
Image: 751b8564-b984-4028-86da-760c43644cef (image/jpg)	Pay day loans These are designed to borrow small amounts for less than a month. Beware! High interest + charges..
Image: 3d0f5c07-54cc-44c1-a0b0-115a3ae756a1 (image/jpg)	A way to save and borrow Credit Unions encourage you to save and offer competitive interest rates for people who may find it hard to get loans elsewhere.
Image: c8356cb8-76f5-49d8-8057-60cf9120b65a (image/jpg)	Loans to help you get through university. These are backed by the government and once you start working, you start paying back.
Image: 607335e7-6836-481d-b235-8fe3144d31c8 (image/jpg)	These are illegal money lenders.You can end up paying back much more than you borrowed. They can intimidate and threaten you, if you do not pay them back.

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	Created by woym.mentor3 over 8 years ago