Personal Finance - Providers of Financial Information and Guidance Flashcards

1
Q

Citizens Advice

A

An organization, run by charities, that offers advice on a wide range of issues both financial and nonfinancial.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Independent financial advisor (IFA)

A

Professionals who offer independent advice to their clients on financial matters e.g. savings, mortgages and mortgages and investments.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Price comparison sites

A

Websites that collate prices for similar goods and services within an industry, allowing consumers to select the best deals.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Money advice service

A

A government organization set up to offer free and impartial financial advice in the UK.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Debt counsellors

A

A professional who offers independent advice on how best to manage debt.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Individual Voluntary

Arrangements (IVAs) bankruptcy

A

A government organization that allows an individual to declare themselves bankrupt while agreeing to
pay all or part of the money they owe to creditors.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly