Borrowing Money

There are a lot of ways you can borrow money. Borrowing money can also be called credit.

Before you borrow money it is important to make sure you get the best deal you can and will be able to keep up the repayments. If you do not keep up the repayments, you could be taken to court and might even lose your home or other valuable possessions.

Doorstep lenders and some high street shops charge you very high interest rates so you should always shop around for the best deal or go to your Credit Unions who provide a cheaper alternative

·         Credit Union
A Credit Union is non-profit making financial co-operative which offers a convenient saving and low interest loans service to its members.  They can help local people save and borrow at affordable rates. Click here to find your local credit union www.findyourcreditunion.co.uk/home