Assessment Information
This assignment is designed to assess learning outcomes:
-Exploring Debt
-Economic influences in debt
-Debt Costs
-Debt within households
-The borrowing process

This assignment requires you to:
-Why Debt Financing is important in context of personal finance.
-What is key economic influences in Debt?
-Explain different kinds of debt financing and how they are different from each other.
-How financial crisis depend on the debt?

Criteria for Assessment:
Identify the criteria by which the work will be assessed.
This assignment requires you to demonstrate an understanding of the importance of debt in the context of personal finance. Explore the importance of debt planning. Consider various debt options available for an individual.
You are required to provide financial data to critically explore and evaluate debt financing in the context of UK.
Credit would be given for use of, and reference to, journal/academic literature.

Word Count:
The word count is 2500

Please use Harvard Referencing.