unit 3 topic 9

Question 1

citizens advice

Answer 1

organisation - run by charities - offer advice - non financial and financial

Question 2

independant financial advisor (IFA)

Answer 2

professionals - offer independent advice - financial matters

Question 3

price comparison sites

Answer 3

websites that collate price on goods and services to allow customers the best deal

Question 4

money advice service

Answer 4

government set up - offer free impartial financial advice

Question 5

individual voluntary arrangement (IVA)

Answer 5

government organisation - allows individual to declare bankruptcy while agreeing to pay part or all money owed to creditors