Career Development Loan.

Mumto3cheekymonkeys

Hi All,

I am currently working part time however I am interested in doing my nvq in hairdressing. I started this when I was younger but had to leave before I completed it, something I have always regretted doing. I have thought about doing it at college but I would not be able to work as well as the course would be full time, I would also have trouble with childcare etc. I want to do it with the salon that I first did it with as I will be required to work 16 hours helping me earn and also making me qualify for some childcare help. The cost of the nvq and training is £5000 and I would also want say about another £500 for equipment.
As you all know I do not have this kind of money atm and we (me and my OH) are selling his property which will leave us with some cash but this is not likely to be completed until october and the course is to start in september.
I was wondering If anyone knows what my chances would be with getting a career development loan.
We currently have a loan which we have never missed a payment on but are in a overdraft to the limit not leaving our rating very good I should think. Our plan is to clear all our debt when the house has sold but If I wait till then I will have to wait till next september and im being impatient.

Sorry if its all confusing to read but any help or advise would be much appreciated.

Many thanks MT3CM X

bargainbetty

Many educational programmes offer a pay-as-you-go scheme, with a new agreement each year. Perhaps investigate that with the NVQ awarding college before seeking a loan from the bank?

Good luck

DCFC79

Duplicate thread here