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Professional and Career Development Loan

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A Professional and Career Development loan can help you with the extra cash you need to improve your skills, education or even to change career path. Professional and Career Development Loans can be used to fund a variety of vocational and educational courses, like NVQs and masters degrees, and can be taken out whether you are employed or unemployed.

Features of Professional and Career Development Loans include:

  • You can borrow between £300 and £10,000
  • The Learning Skills Council pays the interest on your loan while you're learning and for one month after you've stopped training
  • You can repay the loan to the bank over an agreed period at a fixed rate of interest
  • Learners with savings up to £16,000 can apply

Professional and Career Development Loans are commercial loans, and are available from Barclays and The Co-operative. You can get more information about Professional and Career Development Loans from the Learning and Skills Council.

You can compare other loan deals with our free and easy-to-use loan comparison tool. Just click on the calculator below and fill in your details to get the ball rolling:
LenderMin - Max LoanCredit HistoryAPRTermApply
£7,500 - £14,999Good6.40%1 to 5 YearsGet Quotes >
Loans of £7,500 - £25,000 for 1-5 years. Representative Example: Based on an assumed loan amount of £10,000 over 49 months at an interest rate of 6.4% p.a. (fixed). b>
£7,000 - £15,000Good6.90%1 to 5 YearsGet Quotes >
Loans from £7,000 - £15,000. Instant decision. Same day transfer of funds Representative Example: Borrow £10,000 over 60 months at a Representative APR of 6.90% paying £196.56 a month will result in a total sum of £11,793.43 over the loan term.
£15,000 - £19,999Good7.90%1 to 5 YearsGet Quotes >
Loans of £7,500 - £25,000 for 1-5 years. Representative Example: Based on an assumed loan amount of £10,000 over 49 months at an interest rate of 6.4% p.a. (fixed). b>
£15,000 - £20,000Good8.00%1 to 5 YearsGet Quotes >
Representative Example: Borrow £10,000 over 60 months at a Representative APR of 6.3% paying £193.91 a month will result in a total sum of £11,634.60 over the loan term..
£20,000 - £25,000Good8.00%1 to 5 YearsGet Quotes >
Loans of £7,500 - £25,000 for 1-5 years. Representative Example: Based on an assumed loan amount of £10,000 over 49 months at an interest rate of 6.4% p.a. (fixed). b>
£7,500 - £14,999Good8.90%1 to 5 YearsGet Quotes >
Loans from £7,500 to £14,950. Rates fixed for the lifetime of the loan. Instant decision online. Representative Example: Borrow £10,000 over 48 months at a Representative APR of 8.9% paying £246.77 a month will result in a total sum of £11,844.96 over the loan term.

Fair Investment Company is independent and provides a selection of some of the leading loan deals available. Our service does not compare or contrast all of the loan deals currently available in the market. Our address is; Kings House, 14 Orchard Street, Bristol, BS1 5EH. If you would like to arrange any of the products shown in the table please click on the “Apply” link which will take you to the provider’s website where you will be able to view further details of the product and apply online.

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