A Guide To Career Development Loans

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If you are finding your current vocation a bit dull and want a lift, or feel that you could do more in your current career, then perhaps you should look at getting a career development loan. Career loans can help you to learn more about your career by helping to pay for your extra education. If you want to get ahead in your career and invest in learning, then here is some information to help you learn more about development loans.

What are career development loans?

Career Development Loans, or CDLs, were launched back in 1988 and are part of a government program to help people further their education so that they can improve their skills within their chosen vocation. They are available for people 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...

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