Today, Rachel from pwc came to our class to teach us about lending and borrowing money. She also came on Monday. Today's lesson was about lending and borrowing money from banks and lenders.
We learnt that to be a good borrower, you have to have good credit. You have to pay your bills and debts at the right time to avoid being untrustworthy and to avoid having to pay interest. If you have bad interest, you can do things to convince people that you're trustworthy and that you will pay back money on time. You can make more frequent payments, pay back money on time, pay back extra and being honest. These tips might ensure that lenders trust and will lend money to you.
We learnt some new things from Rachel,and we can't wait to see her on Friday.
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