Content Area B Flashcards
1
Q
Advantage of building societies
A
Provides a secure place to store money
Owned by its members
2
Q
Advantage of credit unions
A
Offer a range of services and account types
3
Q
Advantage of insurance companies
A
Protection against unexpected losses
Monthly payments making planning easy
4
Q
Advantage of pawnbroker
A
A quick way of acquiring cash
5
Q
Disadvantage of branch (banking)
A
Need to travel to the the branch
Restricted opening hours
6
Q
Advantage of citizens advice
A
Free service
Offers face to face and online advice
