Unit Award Scheme

115367 BASIC FINANCIAL MANAGEMENT (UNIT 6): LOANS

In successfully completing this unit, the Learner will have		Evidence needed
shown knowledge of
1	one type of loan	Summary sheet
2	the difference between the loan amount borrowed and the amount repaid	Summary sheet
3	one danger of missing a loan repayment	Summary sheet
4	why people take out loans to buy houses or cars	Summary sheet
5	what a payday loan is	Summary sheet
6	one risk of taking out a payday loan.	Summary sheet

All outcomes recorded on an AQA Summary Sheet

Approved 24 May 2021Level - Entry Level