Unit Award Scheme

115371 FINANCIAL MANAGEMENT (UNIT 2): CREDIT AND DEBIT CARDS

In successfully completing this unit, the Learner will have		Evidence needed
shown knowledge of
1	two advantages and two disadvantages of both credit and debit cards	Summary sheet
2	what payment plans are	Summary sheet
3	two differences between credit and debit cards	Summary sheet
4	two risks associated with credit and debit cards	Summary sheet
5	two consequences of borrowing money, eg via credit cards or overdrafts, and not paying it back	Summary sheet
6	two different ways of preventing debt	Summary sheet
7	one social, one emotional and one financial consequence of non-repayment of debt.	Summary sheet

All outcomes recorded on an AQA Summary Sheet

Approved 24 May 2021Level - Entry Level