1 (e)
Areas for possible discussion with loan
• can earn extra money straightaway from weddings etc
• interest would be £480 in first year (less in subsequent years)
• paying off on time will help her credit history
• could pay off in about 2 years.
Areas for discussion on savings
• interest rates might rise – issue if not fixed term
• good money management practice for future
• car prices are falling
• cash purchase may give better deal
Judgement is being made in relation to the conclusion made
A clear judgement is one that follows logically from the arguments raised elsewhere in the
response.
The judgment made is unambiguous and realistic with the candidate having articulated
the reason(s) for this particular choice, rather than leaving it to the examiner to infer the reason(s).
