Assignment 1 “Essay”
Words count: 2000 words
Essay Structure:
– Introduction
– Body
– Conclusion: May include Recommendation
– References : At least 6 references preferably From New Zealand (Not included in the word count)
Essay Question:
– Critically discuss advantages and disadvantages of “instant” finance options (short term loans). Discuss other financing options for “need- based” purchases. ” (usually small value, short term).
Related terms:
– Have a look on the following website for one definition of “instant finance loans and fast cash: http://www.easyloansnz.com/instant-finance-loans-fast-cash .
– “Pay day loans”
– Hidden cost
– Bankruptcy
– No Assets Procedure NAP
– Summary Instalment Order SIO
– Insurance
Have a look on sorted https://www.sorted.org.nz/a-z-guides/personal-loans#s2. Have a look on this section, and think how the options could be used for need based purchases. Also you can use sorted website as a reference.
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