Borrowing and credit
Debit versus credit, how borrowing is priced, credit cards, overdrafts and short-term credit, car finance, mortgages, credit scores and where to get free help with debt. General information only — no lenders are named or recommended.
6 lessons · about 50 minutes · 5-question assessment
How borrowing works and what it costsInterest, APR, the total amount you repay, secured and unsecured borrowing, and your rights when you take out credit.8 minCredit cardsHow credit cards work, the minimum payment trap, 0% deals, and the extra protection you get when you pay by card.9 minOverdrafts, buy now pay later and payday loansHow overdrafts are charged since the 2020 rules, how buy now pay later is now regulated, and the price cap on payday loans.8 minCar financeHire purchase, PCP and leasing compared, what happens at the end, your right to hand the car back, and the compensation scheme.8 minMortgages explainedDeposits, loan-to-value, repayment and interest-only, fixed and tracker rates, fees and what lenders look at.9 minCredit scores, and getting help with debtWhat is on your credit file, what affects it, how to check it for free — and where to get free help if debt gets too much.8 min