admin | 
10 27th, 2009| 
Development Finance
Telephone 0141 248 6484 for same day decision
I want to study for a MSc, and I was thinking about a career development loan. The interest is fixed at 12.9%, and I don’t have to pay back until the course has finished (two years), and the government pay off the interest during the time that I study. I was thinking of asking for around £3000 which should cover fees, books etc.
I am in a similar situation as you, wanting to do a MSc this autumn. They are good if you dont want to pay as you are studying, and the credit scoring acceptance is lower than a normal unsecured loan. I value the Advice of Marin Lewis. You have to consider how many years the course is and the funding for books and so on. It is a decision not to rush into and needs a lot of thought. If you do go for an unsecured loan, be careful who you choose, I rang up a well known one and the said yes to a certain amount, gave figured, then back tracked. This company I am taking to the small claims court for an administration fee they conned out of me and have reported to trading standards. Now I have debt management companies contacting me, just because I want a loan. I will wait for CDL, now.
You can find grant and loans from these sources in a library too: The Grants Register, Macmillan and the Charities Digest- Waterflow. This is going to my next aim.
http://www.moneysavingexpert.com/loans/career-development-loans