If your kids are off to university and you’re thinking about financing their fees to help them along their way, then you could consider a secured loan from Nemo.
With a Nemo university loan, you could borrow any amount between £10,000 and £100,000 and repay it over a term from 5 to 25 years.* Nemo’s competitive rates for secured loans are from 7.9% APR to 13.2% APR variable and a typical 8.9% APR variable.
A Nemo university loan could finance more than just tuition. Here at Nemo we understand that there are many more additional expenses to consider. University accommodation and supplies like text books and stationary are equally as important as tuition; then there are additional items such as televisions and laptop computers which most children seem to need when they leave home for university. Your loan from Nemo could help finance everything your children need while at University.
If you know the amount that you can afford to repay each month, then our loan guide calculator can help you to work out how much you could borrow with a secured Nemo loan. Click here to learn more. Perhaps you already know how much you would like to borrow to finance your children’s future; if so you can work out how much your monthly loan repayments might be with Nemo’s repayment calculator. Click here to learn more.
No one likes to think about what could happen in the future. Because it is a good idea to cover all of life’s what ifs, we’ve teamed up with Norwich Union to offer a Payment Protection Plan. With our optional Payment Protection Plan, you’ll be able to relax safe in the knowledge that your monthly loan repayments are protected should you loose your income without warning through accident or illness. To find out more about Nemo’s Payment Protection Plan, click here
Parents, with a Nemo university loan for your kids, you could rest easy knowing that your children won’t be living off the staple student diet of beans on toast. Additional expenses like travel could also be financed with a university loan. Train or bus tickets could increase the likelihood of extra dirty laundry on the weekend and an extra space to set at the dinner table.
So, if you’d like to help your kids on their way and are looking for the funds to do this, contact Nemo today to apply for a university loan.
To apply for a Nemo Loan, click here.
*Repaying borrowing over a longer term may increase overall interest charges. Some of Nemo’s products are repayable over a term of 10-25 years.
Secured loans from Nemo are for personal purposes only. Nemo does not provide secured loans for investment or business purposes. A Nemo loan is secured on your home and is for homeowners with a mortgage only. All loans are subject to status. |