6 Questions to ask before you borrow

By: Alex Hartley Mar 31, 2016 6 Questions to ask before you borrow Borrowing is as much a part of life for us all now as work/weddings/childcare/holidays and supermarket queues on a Friday night. It’s something that most of us factor in to our finances at some point, from using credit cards, to taking out a mortgage to help buy a home. As credit has become an every day occurrence for British consumers, the markets for different credit types have expanded and there is now a broad range of choice for those looking for financial help. So, here are six questions you should ask yourself if you thinking of borrowing: How much do you want to borrow? Determining how much credit you need is the first step to identifying the best credit option out there. Most will have a cap on the maximum level of credit that you will be offered so do some research and work out how much you need. For example, if you want to borrow five or six figures to fund a property purchase then a mortgage is really your
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