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Career Development Loans
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smam21 wrote:banks? its the same as graduate loan isnt it? my expereince, very high interest rates and little flexibility in paying them back, ie finished masters degree in the september, expected to begin paying back november...but no job
, i'm down on them, but they work for lots of people
A graduate loan is just a normal loan with a slight repayment holiday, usually about 3 moths or more if you use it to go travelling. A career development loan is as you describe, no repayment until you finish your course... when i was at school they started at about 8% and went up to 12%.... not very impressive, but you can always get a cheaper loan at the end of your course to pay it off... just try to keep the credit score good and it wil be fine.0
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