Methods of borrowing 0.0 / 5 ? EconomicsChoosing to borrow moneyGCSEAQA Created by: jordanio.69Created on: 10-12-15 12:08 A loan to finance the purchase of real estate mortgage 1 of 10 Can be used repatedly to buy products credit card 2 of 10 Used to buy products from a shop with credit store card 3 of 10 a loan given for personal or household use Personal loan 4 of 10 Instalment plan where comapny owns product untill agrred debt is paid Hire purchase 5 of 10 Borrowing up to an agreed limit on a current accoutant Overdraft 6 of 10 interest rate published on loans to help compare true cost APR 7 of 10 getting money from a lender that must be repaid in the future borrowing 8 of 10 amount of moeny borrowed loan 9 of 10 the length which a loan can be repaid Term of a loan 10 of 10
Comments
Report