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Alternatives to the Student Loan Company as I have lived abroad in last 3 years Watch

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    Anyone know any alternative places to get a loan?Preferably with low interest rates when repaying.Because I lived abroad for some of the last 3 years so I don't think I can be eligible for the new Postgraduate Loan - from my understanding you have to have lived in UK for the last 3 years without living abroad? Or have I understood this wrong?Thanks!
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    (Original post by davidguettafan)
    Anyone know any alternative places to get a loan?Preferably with low interest rates when repaying.Because I lived abroad for some of the last 3 years so I don't think I can be eligible for the new Postgraduate Loan - from my understanding you have to have lived in UK for the last 3 years without living abroad? Or have I understood this wrong?Thanks!
    Forget abourrit. You won't get the loan unfortunately.......

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    Postgraduate Student Loans

    Future Finance is Europe’s first education specialist money lender, creating finance options for both postgraduate and undergraduate students from £2,500–£40,000 to bridge the gap between government loans and the actual cost of studying a university program. With an APR of 10.1% variable – although depending on circumstances and credit ratings rates can be as low as 6%.
    The repayment terms offered by Future Finance have been uniquely created to help students, although successful applicants are required to start making their repayments as soon as their funds are received – these monthly repayments are capped at £75 per month maximum until three months after graduation. Once they have graduated the students have up to ten years to repay their loan, and during this time can take up to four payment holidays lasting up to three months each. Having such a long repayment period means that monthly instalments can be kept low.
    Postgrad.com is proud to have Future Finance as its finance partner. Other student funding options are available and we advise you to research all your options thoroughly before making such a commitment. Postgrad.com accepts no responsibility for your choice of loan and does not endorse or support Future Finance .
    Future Finance is regulated by the Finance Conduct Authority (FCA).




    Career Development Loans

    Career Development Loans, also referred to as CDLs, provide the possibility of borrowing anywhere between £300 and £10,000 from participating banks Barclays and the Co-operative .

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    Find out how to apply and whether you are eligible at Gov.uk

    - See more at: https://www.postgrad.com/fees_and_fu....0beQ6Nf5.dpuf
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    (Original post by davidguettafan)
    Anyone know any alternative places to get a loan?Preferably with low interest rates when repaying.Because I lived abroad for some of the last 3 years so I don't think I can be eligible for the new Postgraduate Loan - from my understanding you have to have lived in UK for the last 3 years without living abroad? Or have I understood this wrong?Thanks!
    Some EU students are eligible I think. Have a proper read of the criteria on directgov.org
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    (Original post by _Bright Eyes)
    Some EU students are eligible I think. Have a proper read of the criteria on directgov.org
    Thanks, I'm a UK student put I'll take a look. I've just lived abroad.
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    It's worth checking out QardHasan. They help you crowdfund interest-free loans for your course. The loans are completely interest-free, too.
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    (Original post by Issy23)
    It's worth checking out QardHasan. They help you crowdfund interest-free loans for your course. The loans are completely interest-free, too.
    The big 'if' here being that you need to be Muslim to be eligible, I believe.
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    (Original post by tomv46)
    The big 'if' here being that you need to be Muslim to be eligible, I believe.
    You don't actually. They have Muslim in their description only because most of the students that tend to worry about interest on loans are Muslims. They've had quite a few students that don't seem to be Muslim. Give it a go anyway and let me know if it works out for you. I'm sure it will.
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    (Original post by Issy23)
    You don't actually. They have Muslim in their description only because most of the students that tend to worry about interest on loans are Muslims. They've had quite a few students that don't seem to be Muslim. Give it a go anyway and let me know if it works out for you. I'm sure it will.
    Nice! I stand corrected. I don't need a loan at the moment but was having a look at the website. Trying to get a sense of how big of a thing it is - any idea how many they've funded since starting up? I notice it's pretty new.
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    (Original post by tomv46)
    Nice! I stand corrected. I don't need a loan at the moment but was having a look at the website. Trying to get a sense of how big of a thing it is - any idea how many they've funded since starting up? I notice it's pretty new.
    I think they're only a few months old but it looks pretty legit. They've been accredited by the FCA to be able to facilitate lending, too. They seem to have a few big companies on their job platforms so I don't know. Seems really interesting regardless.
 
 
 
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