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Loan to be called on

samwilki
samwilki Posts: 27 Forumite
Fourth Anniversary 10 Posts Name Dropper
Hi,

I'm after some advice, I am after a loan for ~£70k for studying but I am after the ability to "call on" money from the loan slowly when required over a period of 18 months, ideally to reduce the amount of interest I pay.

Does anyone know of a lender or what I should look for to find it?

Comments

  • DullGreyGuy
    DullGreyGuy Posts: 18,613 Forumite
    10,000 Posts Second Anniversary Name Dropper
    Are you in a position to make repayments whilst you study? Or are you looking to defer repayment until after full time studies are complete?

    Your options for such a large amount are probably going to be relatively limited already without wanting to add unusual features liked staged drawdown
  • marcia_
    marcia_ Posts: 3,618 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
     Would your course qualify for a masters loan?
    https://www.gov.uk/masters-loan
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