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 Career Development Loan or Student Loan
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NoMoney
Starting Member

14 Posts

Posted - 26 January 2010 :  06:48:49  Show Profile  Reply with Quote
Hello,

If I am made bankrupt, can I still easily get a career development loan, or student loan? Or do I have to do that before?

I think I need to beef up my career to hopefully get myself back on my feet and earn better.

Thank you for any advice.

gettingoutofdebt
forum expert



2418 Posts

Posted - 26 January 2010 :  09:42:55  Show Profile  Reply with Quote
Student Loans are mean tested so being BR won't affect you when you apply.

Career development loans look a different matter:

quote:

Could you get a Professional and Career Development Loan?

To be eligible, you’ll need to be:

* 18 or over
* ‘settled’ in the UK, and have been ordinarily resident in the UK for at least the three years prior to the start of your learning programme
* intending to work in the UK, the EU or the EEA when the course finishes

‘Settled’ means having either indefinite leave to enter or remain or having the right of abode in the UK.

Remember: even if you meet these conditions, the decision on whether you’ve been successful in your application remains with the bank. The bank’s decision will depend on you meeting their specific lending criteria.


The last paragraph suggests that the bank will check your credit file and, if so, it is highly unlikely that you would get the loan.
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NoMoney
Starting Member

14 Posts

Posted - 26 January 2010 :  11:08:58  Show Profile  Reply with Quote
Thank you very much.


quote:
Originally posted by gettingoutofdebt

Student Loans are mean tested so being BR won't affect you when you apply.

Career development loans look a different matter:

quote:

Could you get a Professional and Career Development Loan?

To be eligible, you’ll need to be:

* 18 or over
* ‘settled’ in the UK, and have been ordinarily resident in the UK for at least the three years prior to the start of your learning programme
* intending to work in the UK, the EU or the EEA when the course finishes

‘Settled’ means having either indefinite leave to enter or remain or having the right of abode in the UK.

Remember: even if you meet these conditions, the decision on whether you’ve been successful in your application remains with the bank. The bank’s decision will depend on you meeting their specific lending criteria.


The last paragraph suggests that the bank will check your credit file and, if so, it is highly unlikely that you would get the loan.


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ariel
Starting Member

5 Posts

Posted - 16 February 2010 :  08:56:41  Show Profile  Reply with Quote
Thanks for this info, It will be very useful for us in future.


motocross dvd
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kimsmith07
Starting Member

India
7 Posts

Posted - 19 April 2010 :  14:13:12  Show Profile  Visit kimsmith07's Homepage  Reply with Quote
**Spam - post deleted**

Edited by - Skippy on 19 April 2010 15:41:39
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kimsmith07
Starting Member

India
7 Posts

Posted - 19 April 2010 :  14:36:36  Show Profile  Visit kimsmith07's Homepage  Reply with Quote
**Spam - post deleted**

Edited by - Skippy on 19 April 2010 15:41:57
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jess warren
Starting Member



United Kingdom
1 Posts

Posted - 14 May 2010 :  15:16:20  Show Profile  Reply with Quote
I can help you with the loan you need ,by way of introduction i am a reputable,reliable,registered,accredited money lender. I offer loans to both private and business firms at a low interest rate of 3%. Contact me today for your loan processing if interested via Email: jesswarrenloans@gmail.com
Regards,
Mr Jess.

text
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Richard P
Senior Member



United Kingdom
1701 Posts

Posted - 14 May 2010 :  17:24:43  Show Profile  Reply with Quote
thanks for posting

have you been authorised by forum host ?

If not Spam alert

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