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Intro - Make credit work for you
Credit basics
Credit providers and the law
The costs of credit
Applying for credit
Keeping credit under control
Reversing or cancelling credit
Financial assistance
Definitions of common credit terms
Table of contents
Important note - This booklet gives information of a general nature and is not intended to be relied on by readers as advice in any particular matter. Readers should consult their own advisers on how this information may apply to their own circumstances.
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Introduction


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MAKE CREDIT WORK FOR YOU

Credit (borrowed money) - we use it because it's convenient, and because it can help us achieve our financial goals, as long as it's managed carefully.

This booklet contains essential information for anyone who is thinking about borrowing money, or who already has some form of credit, such as a personal loan, an overdraft, or a credit card.

It provides the basic facts about credit - from the potential benefits and pitfalls of different types of credit, including the cost of credit, through to helpful tips on keeping credit under control and what to do when credit becomes a problem.
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