What happens to my application?
We will arrange a free, no obligation consultation with you to determine the best loan structure for you. Should you wish to proceed with this application we may require some additional details, we will carry out credit checks and will do our best to advise you within 24 hours if your application has been successful. If it’s approved, we will invite you to our office to sign the documents. The funds can then be transferred the same day into your chosen bank account.
How does the loan work?
The loan is totally flexible and tailor-made to your requirements. You can borrow funds for your course fees and living expenses. The loan must have a parent or guardian to stand as guarantor and as party to the agreement.
Can I increase the loan amount?
The loan is totally flexible. You can add subsequent year’s fees and living expenses and consolidate the previous year’s loan.
How long can I take it over?
Our typical repayment periods are from 6 months to 84 months subject to underwriting.
Is this similar to a Government loan?
No, this is totally separate to any loan you may take out with the Government for any mandatory contribution payment.
Can I choose a repayment date?
Yes, you can select the date that suits you best.
Can I change my repayment date?
We are happy to amend the repayment date at your request for no extra charge.
How can I make repayments?
Ordinarily we set up your loan repayment on a monthly direct debit, but should you wish to make repayments by a different method, we are happy to discuss and find the most suitable repayment method for you.
Can I repay my loan early?
You are able to settle your loan agreement in full at any time, we do not charge any additional fees for you to do this and depending on where you are in the term of your loan, you may be entitled to receive a rebate of interest.
Can I make overpayments?
Of course, we can offer various options if you have some additional funds and wish to pay off a lump sum or make overpayments.
Change in your circumstances?
If your circumstances change or you wish to review your repayment arrangements, please do not hesitate to contact us. We are more than happy to help you where we can.