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Loans Guides - Career Development Loans
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By Shane Wilson

What are career development loans(CDL)?

Career Development Loans
help you to finance your studies. This means you can improve your career prospects and so potential income. They can be used for full-time, part-time or distance learning provided the course is vocational and lasts no longer than two years. An additional 12 months is allowed if it is for relevant practical experience required by the course.

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who are employed, self-employed and unemployed, as long as they meet the criteria.

How do I apply?

Applying for a CDL is like applying for any other loan, in that you have to meet certain criteria in order to be accepted. If you are applying for a vocational course that lasts no longer than 2 years, or three years if part of the course is practical experience, then you could be eligible for a CDL. CDLs are available from a select few high street banks, and although you don

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