1. Paying for goods on credit Resource 4B – Paying for Goods on Credit Slide 1 of 5 Hampshire County Council – Consumer Education Project within the Citizenship Curriculum

2. Want it, no money Credit Card Buying on credit or hire purchase Interest free loan/buy now pay later Secured Loan Unsecured Loan Resource 4B – Paying for Goods on Credit Slide 2 of 5 Hampshire County Council – Consumer Education Project within the Citizenship Curriculum

3. Is it wise to get a loan? Loans and credit incur interest Who benefits when I take out a loan? Can I afford the repayments? Could I buy something cheaper or different? What other financial commitments do I have? Have I spoken to someone who will give me good advice? www.moneymadeclear.fsa.gov.uk www.moneymadeclear.fsa.gov.uk Have I checked the APR? Last updated: 16/03/2009 Resource 4B – Paying for Goods on Credit Slide 3 of 5 Hampshire County Council – Consumer Education Project within the Citizenship Curriculum

4. How easy is it to get a loan? No-one has a right to credit Great caution needs to be exercised when taking out a loan Companies sometimes encourage you to increase your loan liabilities Resource 4 b – Paying for Goods on Credit Slide 4 of 5 Hampshire County Council – Consumer Education Project within the Citizenship Curriculum

5. Beware of the Loan Shark! Resource 4 B – Paying for Goods on Credit Slide 5 of 5 Hampshire County Council – Consumer Education Project within the Citizenship Curriculum