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Private Loan for a Student?

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I am a full time law student, working P/T - earning around £6000 a year.

I am looking to borrow £2000 in addition to the grants and loans offered from the Student loan company - I will be in a position to repay this loan over 1-2 years... So will private loan companies consider students with a low income? If so, can anyone reccomend any firms who cater for students in particular?

Thanks in advance.. :cool:

Comments

  • cattie1
    cattie1 Posts: 2,068 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    what bank are you in? a lot of banks try to cater as much as they can for students-it is worth visiting your branch (better to go in and explain situation than ring) to see what they can offer you.
    official dfw nerd club member no 214
    Proud to be dealing with my debts!;)
    Why is a person that handles your money called a broker?!:confused:
  • I am currently with both Halifax and Natwest. So do bank managers / advisers have the discretion to offer students loans or is there strict criteria in place?
  • blacksta
    blacksta Posts: 919 Forumite
    When i was at uni. I had a natwest student account and was offered an interest free overdraft of about 2k. I would advise you speak to your student rep at the bank
    I owe £3233 @ 0%
  • Blue_Lou
    Blue_Lou Posts: 165 Forumite
    halifax offer up to a 8k overdraft!
  • Natwest offer professional study loan for students doing professional degrees.
  • Emmzi
    Emmzi Posts: 8,658 Forumite
    1,000 Posts Combo Breaker
    If you are struggling, make your first port of call college/uni hardship/access fund- you don't have to pay that back.
    Debt free 4th April 2007.
    New house. Bigger mortgage. MFWB after I have my buffer cash in place.
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