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Loan Agencies

Student Loans Company

The Student Loans Company is a loan agency based in Glasgow, Scotland. They offer financial services to students in the United Kingdom.

Introduction to Student Loans Company

Student Loans Company is a government-owned organization that provides financial services to students in the United Kingdom. Founded in 1989, the company's main purpose is to provide loans to students to help them pay for their tuition fees and living costs while studying in college or university. What makes this company unique is its commitment to helping students achieve their academic goals by providing them with affordable loans and flexible repayment options.

Services & products

Student Loans Company offers a range of financial services to students, including tuition fee loans, maintenance loans, and postgraduate loans. Students can apply for loans online and receive the funds directly into their bank account. The company also provides information and advice on student finance, including budgeting and managing debt.

Location

The Student Loans Company is located in the heart of Glasgow, Scotland, on Bothwell Street. The area is home to many businesses, including banks, restaurants, and shops, making it a vibrant and bustling part of the city. Public transportation options nearby include the Glasgow Central train station, which is just a 5-minute walk away, and the St Enoch subway station, which is a 10-minute walk away. The nearest bus stop is on Hope Street, which is a 2-minute walk from the company's offices.

Benefits

One of the main benefits of choosing Student Loans Company over other loan agencies is its commitment to providing affordable loans and flexible repayment options. The company's loans are designed to help students manage their finances while they are studying and to ensure that they are not burdened with debt after graduation. Additionally, the company provides excellent customer service and support to help students throughout the loan application process and beyond.

Good to know

Customers should be aware that while Student Loans Company provides loans to students, they are not the only option available. Students should consider all their options before applying for a loan, including scholarships, grants, and bursaries, as well as other loan agencies.

Reviews

Overall, customers have had positive experiences with Student Loans Company, with many praising the company's excellent customer service and flexible repayment options. However, some customers have reported issues with delays in receiving loan payments and difficulties navigating the loan application process.

Amenities

  • amenity
    loan

FAQ

What types of loans do you offer?

We offer student loans for higher education, including undergraduate and postgraduate courses. We also offer loans for part-time study, distance learning, and postgraduate teacher training. Additionally, we offer loans for students with disabilities and for students studying abroad.

What are the interest rates for your loans?

The interest rate for our loans is based on the Retail Price Index (RPI) plus a percentage, which varies depending on the type of loan. For example, the interest rate for undergraduate loans is currently RPI plus 3%. The interest rate for postgraduate loans is currently RPI plus 3% while studying, and RPI plus up to 3% after graduation depending on income.

What is the application process for a loan?

To apply for a student loan, you need to fill out an application form online. You will need to provide information about your course, your university, and your personal details. You will also need to provide evidence of your identity, such as a passport or driver's license, and proof of your household income if applicable. Once you have submitted your application, we will assess your eligibility and let you know if you have been approved.

What are the requirements for loan approval?

To be eligible for a student loan, you must be a UK citizen or have 'settled status', meaning you have the right to live in the UK permanently. You must also be studying at a recognised university or college, and your course must be eligible for funding. You must also meet certain residency requirements and pass a credit check if you are applying for a postgraduate loan or a loan for living costs.

What happens if I miss a loan payment?

If you miss a loan payment, you will be charged interest on the amount outstanding and may be subject to additional charges or penalties. If you continue to miss payments, your loan may be classified as 'in default', which can have serious consequences for your credit rating and may result in legal action. If you are having difficulty making your loan payments, it is important to contact us as soon as possible to discuss your options.

Reviews

  • Paddy Mc

    Came in today and purchased a pp700w and received an absolutely exceptional service a massive thankyou for all the help and information and for rectifying a slight issue with the upmost professionalism, an absolute pleasure and credit to the industry 5 stars all day long from me

    25-05-2023
  • Andrew Rea

    Knowledgeable and helpful. Well worth a trip.

    29-03-2023
  • Alan Sanderson

    Helpful and professional. Good customer service

    29-03-2023
  • The Great British Tattoo Company

    Excellent service. Very very knowledgeable with a clear passion for what they do. Aaron is a professional and it's nice to get advice and information from someone who knows what they're talking about. Great service will use again !

    28-02-2023
  • Shaun Bladen

    Very friendly and professional people to deal with. Phoned up with my enquiry and travelled from north east for components. The face to face service was backed up from the quality of assistance from my Phone call. Great people. Many thanks

    28-02-2023
  • Jo Murdoch

    Excellent customer service, so helpful and knowleable, highly recommended.

    29-01-2023
  • Richard Douthwaite

    My 1st time dealing with this outfit today and I was impressed way beyond any expectations. Friendly, incredibly knowledgeable in their field and nothing was too much trouble. Its plainly obvious Aaron has a passion for what he does and the level of customer service, guidance and advice he offered was exemplary- so nice to experience proper old school service from a true professional in a friendly welcoming environment. Highly recommended

    29-01-2023
  • Simon Booth

    Absolutely fantsastic shop and amazing staff who know what they are talking about which is getting harder to find these days. Highly recommended place for almost anything you need from a gun shop.

    29-01-2023
  • Tom Allott

    Took my 12 bore shotgun in to be deactivated, fantastic job, Arron is so knowledgeable about guns. Many thanks Tom

    29-11-2022
  • Usman Ali

    Absolutely amazing experience. I purchased my very first brand new shotgun 12 G . Also a Smith W .22 LR and 600 units of ammunition. A truly beautiful and memorable experience. I intend to return and have ask all my fellow club members to venture to Mr. Aaron Wheeler. Who provide a epic service with a life times experience!

    29-09-2022