Borrowing
A guide to what it is and what you should know
There are lots of different ways to borrow, including loans, credit cards,
mortgages and purchase agreements when you buy things on account like a new TV
or a car. In this section well guide you through the different methods of
borrowing and tell you about some of the important factors to consider before
you think about using any of them.
Types of borrowing
Anything where you delay all or part of the payment, or pay in instalments is a type of borrowing. This could be as little as the cost of a jumper through your catalogue right through to the cost of your home. Learn more about the various options for borrowing that are available.
Things you should know
What's the difference between secured and unsecured? What's an APR? How do you work out the cost of borrowing? Find the answers to these questions and more.
Credit Scoring explained
It's a term that's often used in financial speak, but what is your credit score and what affects it? Learn more about yours and how to protect it.