Loans CreditXtra

Co-Operative Bank Professional & Career Development Loan


Acceptance Criteria

  • You must have a good credit history to apply
  • You must be between 18 and 69 years of age
  • You must be a UK resident
  • You must be enrolled for a course that you plan to fund the loan with
  • You do not need to be employed
  • You need to provide: proof of ID, proof of address, recent wage slips, recent bank statements and proof that you have enrolled on a course
  • The government pays the interest during your studies for up to one month afterwards

Loan Details

Representative APR

9.9%

Loan Amount

£300 - £10,000

Repayment Period

Minimum Term 1 year

Loans up to £10,000 - 5 years

Repayment Method

Standing Order

Speed To Payout

Up to 5 working days

Arrangement Fee

No Fee

Payout Method

Transferred into your bank account

Income Protection Available

No

Average Customer Review

Be the first to write a review

Loanfinder Ranking

64th for APR of 423 loans in the UK  (See Lender League Table By APR)

Other Co-Operative Bank loans

Co-Operative Bank

Star Rating Star Rating Star Rating Star Rating Star Rating Average Review

Representative 8.9%APR

Co-Operative Bank Small Loans

Star Rating Star Rating Star Rating Star Rating Star Rating Average Review

Representative 13.9%APR

About Co-Operative Bank Professional & Career Development Loan

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.

Charges

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

Customer Reviews: The truth about Co-Operative Bank Professional & Career Development Loan

Be the first to write a review

Help other borrowers - add a new review now

Select your star ratings:

Contact Details

Address

The Co-operative Bank Plc, 4th Floor, Miller Street, M60 0AL

Telephone Number

0800 585 505

Similar Loans

Zopa Loans

Star Rating Star Rating Star Rating Star Rating Star Rating
Average Review

Representative 8.2%APR

NatWest Personal Large Loans

Star Rating Star Rating Star Rating Star Rating Star Rating
Average Review

Representative 11.9%APR

Zopa Home Improvement Loan

Star Rating Star Rating Star Rating Star Rating Star Rating
Average Review

Representative 8.2%APR

Co-Operative Bank

Star Rating Star Rating Star Rating Star Rating Star Rating
Average Review

Representative 8.9%APR

Useful Co-Operative Bank Professional & Career Development Loan Resources (0)

Help other borrowers - upload your documents and images now

Need help choosing a lender? Browse our lender pages

Unsecured Loans

AA Loans, Nationwide Loans...

1 Hour Loans

First Direct, 24/7 MoneyBox...

Payday Loans

Payday UK, QuickQuid, Pounds till Payday...

Debt Consolidation Loans

NatWest Loans, Sainsbury's Loans....

No Credit Check Loans

Borro, Cash Genie, Uncle Buck...

Guarantor Loans

FLM Loans,

Personal Loans

Post Office Loans, Tesco Loans, Zopa Loans...

 

Browse all UK loans and lenders

Use the information on our website at your own discretion. We try to make sure it's 100% accurate all the time we're only human and we can't be held responsible for any inaccuracies.


Loanfinder.co.uk is a free to use comparison site. It's important to remember that the rates displayed on our website are representative. The actual APR will depend on the lender, the loan amount and the borrower's credit circumstances. Whilst we work with a number of lenders, we never let any money we get paid affect the information that's on our site.


Loanfinder is a trading name of Post Net Ltd. Registered in the UK, number 3400885. Registered Address: Walton House, 56-58 Richmond Hill, Bournemouth, BH2 6EX Registered with the Information Commissioner's Office Z7190505. Consumer Credit Licence Number 476055. Credit available to persons over 18. You are under no obligation by completing the application form.


Loanfinder is part of the Richmond Group of companies. Terms and Conditions | Data Protection | Site Map