business 0.0 / 5 ? BusinessbusinessBTEC NationalEdexcel Created by: chloehaythorne13Created on: 22-06-17 11:45 advantage of bank of england maintain financial stability 1 of 16 disadvantage of bank of england borrowing can rise 2 of 16 advantage of banks range of financial services 3 of 16 disadvanatages of bank may charge for certain accounts or services 4 of 16 advantage of building societies offer better interest rates 5 of 16 disadvantage of building societies fewer branches leading to poorer access 6 of 16 advantage of credit union not for profit organisations 7 of 16 disadvantages of credit union interest rate can be very high 8 of 16 advantages of national saving and investments secure 9 of 16 disadvantages of national saving and investments poor interest rate 10 of 16 advantages of insurance companies offers protection for customers 11 of 16 disadvantages of insurance companies high rate 12 of 16 advantage of pension companies personal pension schemes 13 of 16 disadvantage of pension companies figures may change overtime 14 of 16 payday loans requirement of cash between paydays 15 of 16 payday loans expensive easy to get in debt 16 of 16
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