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DB123_1 Personal finance: Debt and borrowing in its wider context

DB123_1 Personal finance: Debt and borrowing in its wider context

Debt has now become a part of everyday life, with personal debt in the UK topping £1.1 trillion in 2005. In this unit, you will explore the different types of debt and loans and some of the associated concepts, arming yourself with more information to plan your financial future.

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