Topic : Borrowing

Image 1 - Credit cards are a convenient way of borrowing although they charge more interest than a loan

Image 2 - A couple being interviewed for a bank loan

Image 3 - It is now possible to pay credit card bills online and over the telephone

Image 1 - A housing loan usually has a lower rate of interest and is repaid over a number of years

Image 2 - Some people borrow money from friends or family

Image 1 - The lender will assess the risks involved with loaning the money.

Image 2 - Your personal circumstances play a large role in a lender's decision to accept your loan application. Would you lend money to this man?

Image 3 - Lenders prefer that you have a reliable income so that you can meet the repayments on your loan.