Introduction
CreditIn this module, you’ll learn how borrowing works, how to avoid problem debt and what to do if you’re feeling overwhelmed.
Transcript
The decision to use credit or take on debt is a personal choice. Using credit might be needed for decisions like investments such as buying a home, paying for tuition fees to study at university or starting a business. Unfortunately, there are times when the need is to cover basic costs.
There are six bite-sized videos in this series on understanding credit. In these videos, we’ll explain different credit options, show how compound interest works, look at how to build your credit score and share tips on managing repayments.
By the end, you’ll have the knowledge to make borrowing choices that work for you now and in the future. The goal for this series is to give you information about the risks of debt, so you can make choices about your borrowing that align with your needs, wants and future goals.







