Where can I borrow money from?

Descrição

A range of institutions and people from which you can borrow money.
woym.mentor3
FlashCards por woym.mentor3, atualizado more than 1 year ago
woym.mentor3
Criado por woym.mentor3 mais de 8 anos atrás
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Resumo de Recurso

Questão Responda
Personal loans A bank will lend you a fixed amount of money, for a fixed time with a fixed rate.
Personal loans A building society can also lend you a fixed amount, for a fixed term with a fixed rate
I.O.U Family are often a safe way of borrowing money for your short term needs.
Pay day loans These are designed to borrow small amounts for less than a month. Beware! High interest + charges..
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.
Loans to help you get through university. These are backed by the government and once you start working, you start paying back.
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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