career development loans

pooranddesperate

Quidco is fantastic! It is a cash back site - you need to register first, and then if you go through the links on the site to other sites you can earn cash back.

For example if you go through quidco to marks and spencer you will earn back 5% of everything you spend - although it does take a couple of months for the money to come back to you.

There are ways of earning free money - you get 10p for example if you go through to Kelkoo and do a search (although there is a limit of 1 search a day).

You can also earn a lot if you renew insurance etc.. through quidco - some of upwards of £100.

There is an annual fee of £5 but this is only taken once you have earned that much.

Go to quidco site and they explain how it works. Alternative cashback sites are rpoints and greasypalm.

lwt2006

Thank you for that. I really want to try and do all I can, but there are so many different ways and means that are talked about on here (greasypalm ) and I just don't understand half of them!

Can you go through quidco if you switch energy via Martin's link? (I did the champagne deal via uswitch)

Please say no as I've just done this - saved about £400 pa - but could I have got cashback as well?

Somi25

In a nutshell, i had an interest free overdraft with barclays. I went away, my account went over by 10-20quid. Lo and behold, fees and charges on top - took it to 100 over the limit. Credit Services are passed the account. I get back, in full time legal employment - making all payments as per arrangement - and one fine day they closed the account converting remaining overdraft into bad debt and registered as 'default'

Their version being that once they'd sent the termination notice, in Jan 06 - they could do so. And because a repayment plan i had with them had expired that month - and no response to a letter from them asking me to contact them - they could close.

I complained but to no avail.

Now, however. I have a messed up credit rating because of this.

So wanting to progress the legal career i want to take out a professional studies loan to complete post-grad

What should i do

Im hesitant to make applications cuz of footprints on my credit file

I dont know how much of an issue one default is

Im working full time, good banking ( basic cash account ) but im fine...my bank even suggested i get a current account but im afraid to apply because of the credit file and record

what should one do

any tips


I HATE YOU BARCLAYS!!! feel better now

Xbigman

I don't know anything about profesional studies loans nor does any other regular poster I suspect, but my first thought is that a default is probably a killer with what I think these are like.

Why is a PSL your first choice for this loan? How much are we talking about?
I'm just trying to get some background on this in case it jogs another posters memory.
Regards



X

Ropey_3

Why not claim back all your bank charges AND get Barclay's to remove the default as a condition of settlement?

The default is a direct consequence of them taking unlawful penalty charges. It'll be good practice for your future career.

brooker_2

I need a loan for aprox £30,000 for career development, I'm not a home owner but I have someone who is willing to garentee the repayments, what would be my best option?

Many Thanks

greg1982

was wondering whether anyone could help me with this - (long time lurker first time poster by the way)

I have read this thread and there are others in a similiar if not the same position. Basically I am a legal practice course student which is the postgraduate part of the training to become a solicitor. My course runs through until June. I have paid the fees ( all 8 grand of them!) but am now running out of money rapidly and will be dry by around March time. I got a loan from a family member for some of my fees and used savings for the rest. He cant give me any more money and I rather underestimated living expenses.

I have a job in London lined up paying 26k so from the end of October (providing everything goes well) will be earning. I have a 1 grand overdraft with RBS graduate account. Always up to the max pretty much. Have moved house 4 times in last 5 years so credit rating is a bit shot. Dont know whether a professional studies loan with RBS or a CDL would be better, would I get turned down etc dont know who to turn to. I need enough to clear the overdraft and rent/living expenses plus setting up in London from March through to Sept. Help??? What is the better option?

-Greg

olly300

Actually I moved home a lot when I was in my early 20's and there was nothing wrong with my credit rating. (The main problem I had was being a student.) All you need to do is make sure you are on the electoral roll every time you move and that you inform your bank so your statements have the right address. It's a good idea to keep 3 years worth of paper bank statements with your different addresses. If you are not on the electoral roll now then search on the internet for your local council download the electoral registration form and send it to them. (You won't be put on until February but it's worth doing.) This link will help:
http://www.direct.gov.uk/Dl1/Directories/LocalCouncils/fs/en

RBS is likely to lend you money if you bank with them.

What you need to do is:
1. Find out the interest on both types of loans
2. Find out the repayment terms - i.e can you overpay, can you pay it off earl y without penalties, what amount would you have to pay back every month, repayment terms
3. Read the small print. For example you may not be allowed to have an overdraft if you have a professional studies loan from RBS so if you end up short of money for a few days when you are working you can end up with problems.

littlechezza

Hi

Can anybody offer advice, I'm wanting to train to be an aromatherapist (the course starts in 1 week) and I need a student loan, any ideas where the best place to apply is, the course is going to cost £2500, the lady taking the course has told me to apply for student funding but our joint income is around £34000, we do have a huge mortgage and childcare costs but I don't think these are taken into account with student funding (does anybody know any different) any help would be greatly appreciated, I really want to do this but as always in life it's the money that's worrying me.

Thanks

sirstephen

Hi guys, I'm looking for any advice that might help me.

Its a bit of a long one so bear with me please!!!!!!!

In November 2004 I signed up to a Distance Learning Course with a company called Computeach.

The Salesman/IT Specialist enrolled me at home on a Website Design Course and made various promises about the quality of the Course Materials, On Demand Technical support from the Online Tutors and the guarantee of a job upon successful completion of the course. He also brought forms for me to apply for a Career Development Loan through Barclays Bank. The total cost for the course was around £4200.

I signed up because it appeared to be a reputable Training company, but once I received the training materials, I quickly realised that they were of poor quality and out of date for the IT industry.

In the period between signing the Loan Application and receiving the course materials, my "Cooling off" period had expired. I had received no chance to review the course material before being tied into the contract.

I sent a letter of cancellation stating why I wished to cancel and assumed this was the end of the matter. I paid for the material I had received from them up until that point (Roughly £700).

I had no acknowledgement or return correspondance with Computeach for 2 years. I have just this week received a letter from Barclays advising I owe a balance of £3500 for the Career Development Loan. As far as I was aware this matter was finished.

I have since Googled Computeach and read all the bad reviews. They have twice been investigated by The Office of Fair Trading and have been asked to make changes to their Terms and Conditions. These changes took place after I had signed my contract with them.


My questions are:

1) Can a company point blank refuse to acknowledge receipt of a Cancellation by letter?

2) As the Terms and Conditions were changed by The Office of Fair Trading (September 2005)after I had signed(November 2004), does this add weight to my argument?

3) Can anyone offer me any guidance on this matter as Computeach are point blank refusing to even speak to me.

Any help would be greatly appreciated as I don't know how to handle this.