Risks of taking a credit

Knowledge

• Aware of the potential negative consequences of borrowing to meet a shortfall in current income

  • resilience
  • daily-life
  • large-majority

• Understands the risks and benefits of using different kinds of credit providers (both formal and informal)

  • resilience
  • daily-life
  • large-majority

• Aware of the specific issues of taking credit in a foreign currency

  • resilience

• Aware of the risks of repeat use of rotating credit facilities

  • resilience
  • daily-life