How to manage loans and borrow responsibly
Whether it is for personal use, or for your business, borrowing money has to be well thought out in advance. In this module, you will learn some options for borrowing money, understand loan terms, and be clear on how to manage your loan responsibly. The course will help you think through some of the important borrowing decisions such as why are you looking for financing, how much money do you need to borrow and how to prepare for financing.
By the end of this course you will be able to:
- List some sources that offer loans
- Define some loan terms to be aware of
- Understand the importance of borrowing responsibly
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