All about Credit

 

All about Credit

Credit just means that you are borrowing money to spend now and pay back later. There are lots of different types of credit like a:

  • Bank loan
  • Student loan
  • Credit card
  • Bank overdraft
  • Store card

As a student, you might need to borrow money at some stage and you will probably be offered what might appear to be tempting deals on credit, store cards and through online payday lenders.

Beware!

It is so easy to borrow money, you can quickly get yourself into debt. Even worse - you might not be able to repay it when they ask you to. If you can’t make your payments it can affect your credit rating and make it harder for you to get credit in the future.

It’s so important to make informed decisions when you are looking for credit. You should find the cheapest way of borrowing and make sure you know exactly how much you will end up paying back in the end.

Browse the buttons below to find out more about all the different types of credit on offer along with some survival tips too. If you can't find what you're looking for, or want to have a chat face to face - just get in touch. Debbie Forsey, your Money Management Adviser is here and happy to help!

ADVICE SU


Debbie Forsey
Money Management Adviser

phone icon 028 9097 1166
email icon studentadvice@qub.ac.uk
address icon Second Floor
Students' Union
clock icon

Email to book an appointment or pop in during our Drop-In sessions:

Mon: 2pm - 4.30pm
Wed: 2pm - 4.30pm
Fri: 9.30am - 12.00pm


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