If you’re only looking to borrow a small sum of money for a term of six months or less, it may be worth considering borrowing the money on a credit card.

Alternatively, some retailers may offer you interest free credit. This is a good deal as long as you ensure you repay the borrowing by the agreed date otherwise you will be faced with paying interest at an interest rate that is normally far higher than you would normally find at with a high street bank or building society.