Borrowing

Managing debt

One of the easiest ways to get your money sorted, is to get your debt sorted. This section has information on how to manage your debt including details of the main borrowing options.

Glossary: debt

What you borrow

Loans are very convenient. But they can also be expensive. While you're studying try to avoid high interest debt such as credit cards and some hire purchase deals.

Glossary: interest
Glossary: debt

How much can I borrow?

You've probably got a rough idea of the sort of home you'd like, and how much you'll have to borrow to buy it. But will a lender actually lend you this amount?

Get out of debt fast

This one isn't brain surgery - the longer you have debt, the more interest you pay. It pays to get out of debt as fast as you can.

Glossary: debt
Glossary: interest

Think before you go into debt

Going into debt is a big decision. When you have debt, your life options start to become far more limited.

Glossary: debt