How much do you want to borrow?
£300 £10,000Over how many months?
12 months 60 monthsMonthly Repayment
Total Interest paid
Arrangement Fee
Total amount paid
9.9%
£300 - £10,000
Minimum Term 1 year
Loans up to £10,000 - 5 years
Standing Order
Up to 5 working days
No Fee
Transferred into your bank account
No
64th for APR of 423 loans in the UK (See Lender League Table By APR)
The Co-Operative's Professional & Career Development loan can be used to help you pay for a course you are going to study or if you want to enhance your career prospects. You can borrow between £300 and £10,000 and you don't have to pay any interest during your course or for one month after you finish studying your course, as it is paid by the government. The repayments stay the same throughout the whole loan.
You can call them on 0800 585 505 to request an application pack if you want some further information. You can also call this number if you wish to apply. You can apply over the phone but you will need to prove that you are going to register onto an educational course. They will talk you through the application form and you will be given a provisional decision. You may need to send some documents in, which are listed below, this also could include sending in proof that you have enrolled on a course.
|
Default Fees |
The interest owed on the instalment from when it was due until the date it is actually paid |
|
Early Settlement Fees |
One month's interest calculated on the balance outstanding |
|
Late Payment Fees |
Missed Direct Debit - £80.00 |
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The Co-operative Bank Plc, 4th Floor, Miller Street, M60 0AL
0800 585 505