Student credit

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The best ways to borrow.

Overdrafts

Many banks will allow an interest-free overdraft of several hundred pounds. Make sure you're clear about the terms so that you don't incur extra charges if you go overdrawn.

Credit cards

These should be considered as the last resort because missing repayments can mean spiralling interest charges.

Loans

The best loans are from your parents - they don't usually charge interest, and may even conveniently forget you owe them anything. Loans from the Student Loans Company are the next best thing.

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