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Assignment 1 “Essay” Words count: 2000 words Essay Structure: – Introduction

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: .easyloansnz.com/instant-finance-loans-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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