2. Why people borrow The best ways of borrowing & paying off debt. Credit deals to avoid How to deal with financial difficulties. Most of us will need to borrow money, it’s essential to ‘shop around’ to get the best deal.

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5. The best interest rates are low. Good way to borrow larger amounts of at least £5,000. of at least £5,000. Shop around The difference in interest between lenders can be huge

8. Storecard Typical interest rate Minimum payment Total interest cost Total amount repayable Time taken to clear debt John Lewis Account 13.00%£5 or 5%£38.21£238.213 years 3 months M&S Money Store 18.90%£5 or 3%£94.21£294.214 years 8 months B&Q You Can Do It 26.80%£4 or 4%£139.80£339.805 years 8 months House of Fraser Recognition 29.30%£4 or 4%£163.42£363.426 years 1 month Debenhams Account 29.90%£4 or 4%£169.61£369.616 years 2 months Topshop Privilege 29.90%£4 or 4%£169.61£369.616 years 2 months Argos Store25.90%£2 or 3%£284.79£484.7913 years Homebase Account 25.90%£2 or 3%£284.79£484.7913 years Source: thisismoney.co.uk

11. Loan to Value Key considerations Interest Rates Repayment Methods Where to seek financial advice

12. Company (Borrowing £300) APRTotal Charge Weekly Payment No. of Payments Total Mutual Clothing & Supply Co. Ltd 188%£90£1526£390 CLC Finance Ltd365.1%£165£1531£465 Provident personal credit 365.1%£165£1531£465 Shopacheck financial services 440.3%£177£15.9030£477 Loansathome4u.co. uk 399.7%£180£1532£480