Professional and Career Development Loan from The Co-operative Bank

Would you like to get a better paid job? Do you need to pay for your school tuition or professional courses in order to enhance your career prospects? If this is your case but you cannot afford it, we have a solution!


Nowadays, when unemployment rate rises, it is very important to invest into your education and professional courses. However, these courses are rather expensive and not many people can afford to pay for them straightaway.


For that reason the Co-operative Bank offers a loan intended for Professional and Career Development. With this loan you can pay for any type of studies including special professional courses.

Advantages

During your studies and for up to one month after you finish studying, you do not have to pay any interest rates. During this time it is paid by the government.


Another advantage is that the repayments are fixed. That means that the amount of repayment will not change during the whole life of your loan.

Characteristics

The main loan characteristics include:

• You can borrow between £300 and £10,000
• Loan period from 1 to 5 years
• Fixed repayments
• No interests paid during your studies or for one month afterwards
• No arrangement fee

Loan calculator

In case that you are not sure how much money you can borrow and for how long you will have to repay. Try out the online loan calculator.


All you have to do is to fill in the amount of money you would like to borrow and number of months. On the basis of this information, the loan calculator will immediately show you a representative example.


The representative example shows you APR, monthly repayments and total payable amount.
Therefore, your decision making should be made much easier. However, if you have any other questions, you can always visit your local branch or call the bank.

Read more at http://portal-loans.co.uk/professional-and-career-development-loan-from-the-co-operative-bank/