No matter how hard you try to budget and save up all those hard-earned pounds, sometimes turning to credit is the only option. In many cases it can be a highly cost-effective choice – it can let you spread the cost of purchases while for truly large splurges it'll often be the only option, and other times it can simply be a way to effectively manage your finances.
However, even though it can be beneficial, you need to borrow wisely to ensure your helpful cash injection doesn't become a financial nightmare. With that in mind, here are five of the best ways to borrow to help keep costs – and debt – under control.
These are the most common options available to those looking to borrow, and as long as you manage your credit commitments effectively you'll be able to stay on track. The key is to stay sensible and realistic, so make sure to choose the most cost-effective form of borrowing for your needs (check out our best buy tables to help make your decision) and you'll be able to put credit to good use
Borrow from £5,000 to £500,000 from the UK's largest range of secured loans
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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.
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