Pay for your course over time, not all upfront
StepEx finance lets you pay for a course at a participating education provider in monthly repayments instead of one upfront fee. The finance is a regulated credit agreement with StepEx Lender Ltd. You see the full cost before you sign, and you can withdraw from the finance within 14 days, starting the day after you sign.
Finance is subject to eligibility and affordability checks. Approval is not guaranteed.
How it works
- 1Find your course. Check the finance options and the representative example on your education provider's page.
- 2Apply online to StepEx. We check your identity, affordability and credit history.
- 3Read before you sign. You see the full cost and your agreement before you sign.
- 4Repay monthly. Normally by Direct Debit. On an income-linked plan, what you pay depends on your income.
Before you apply
This is a loan. You will normally repay more than the course fee, because of the fees that make up the charge for credit. Approval is not guaranteed. Missed repayments can affect your credit record and your ability to borrow.
You can withdraw from the finance within 14 days, starting the day after you sign. If your course fee has already been settled, you repay the amount of credit within 30 days of telling StepEx. Withdrawing from the finance does not cancel your place on the course; questions about the course are for your education provider.