Borrowing Basics module

This module will:

Outline the benefits of borrowing and using credit
Explain how potential borrowers can improve their chances of being approved for a loan
Review some of the common ways consumers use credit and borrow money

Participants in the Borrowing Basics workshop will:

Learn how to prepare to borrow money
Gain an understanding about how installment loans and revolving lines of credit work
Review how lending decisions are made, including the Three C’s – Credit, Capacity and Collateral
Learn questions to ask before taking on new debt

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This content is provided as educational material only and is not intended to solicit you for any product or service. These materials are not a recommendation by HSBC for any product, service or financial strategy. The suggestions and recommendations contained within are general in nature, and may or may not apply to your particular circumstances. Securities, annuity and insurance products are not FDIC insured or insured by any federal government agency of the United States; subject to investment risk, including possible loss of principal invested. All decisions regarding the tax implications of your investment(s) should be made in connection with your independent tax advisor. Should you need further assistance, HSBC strongly recommends contacting an independent attorney, tax professional or financial consultant.