We use a predictive credit model to assess the amount of debt each applicant should be able to afford after graduation. Our Credit Committee assesses over 150 variables when deciding what sort of offer to make. These variables include criteria set by the school, an applicant's credit history, income, current debts, and savings.
What does this mean? Our credit model imagines what an applicant's salary and career might look like when they graduate from a specific course - it's what sets us apart from other lenders.
As a result, our loan offers are tailored to both the applicant and the course.