Money Matters
Banking, credit and savings
You'll normally need a bank account to have your wages or other payments paid into and your bills and goods and services paid from. Read more about fee-free basic bank accounts.
Consider having a savings account so you are less likely to spend this money as your day-to-day money.
You might want to consider saving and borrowing from a credit union. The credit union covering York is Community First Community Bank.
Credit
Credit means you buy or borrow now and pay later. Credit is nearly always a service that you pay for, so you pay the amount you borrow back plus an extra percentage on top.
Before you decide to borrow, ask yourself do you really need what you are borrowing for; and that you can afford the monthly repayment amount.
Find information on choosing and applying for a credit card. In addition, find out more about borrowing money.
Beware of loan sharks, visit Stop Loan Sharks to make sure you are not borrowing from a loan shark Only ever borrow from a regulated lender.
