Module 5

Credit options

6 videos

37 minutes

In this module, you’ll learn how credit works, the different ways to borrow money, how repayments are made, and how interest and fees affect the overall cost of borrowing. It covers common credit products such as credit cards, overdrafts and buy now, pay later schemes, and explains how repayment choices can influence future borrowing options. You’ll also explore how credit scores work, what affects them, and ways to build and maintain your credit history.

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All Armed Forces Modules

Budgeting

Module 1

5 videos

22 minutes

In this module, you’ll learn how to build a budget that helps you stay in control of rising costs, plan ahead and manage your money with confidence.

Earnings

Module 2

7 videos

30 minutes

In this module, you’ll learn how to understand your pay, spot any issues early and explore the different ways you can increase your income.

Pensions

Module 3

10 videos

61 minutes

In this module, you’ll understand how pensions work, including the Armed Forces Pension Scheme, so you can plan confidently for later life.

Managing debt

Module 4

7 videos

34 minutes

In this module, you’ll learn how borrowing works, what to consider before taking on debt and how to manage repayments.

Credit options

Module 5

6 videos

37 minutes

In this module, you’ll learn how credit works, what affects your credit score and how to make borrowing choices that support your financial goals.

Mortgages

Module 6

9 videos

47 minutes

In this module, you’ll learn how home buying works, the factors that shape affordability and how different mortgage options can affect your choices.

Investing

Module 7

8 videos

40 minutes

In this module, you’ll learn how investing helps your money grow over time, how it differs from saving and how to make informed investment decisions.