Annabelle Williams speaks to Prodigy Finance, which offers bonds linked to tuition fee loans for MBA students.
As high street banks have pulled back sharply from retail lending in recent years, a number of alternative loans companies have stepped in to fill the void. While many are aware of the struggles small businesses have faced in securing finance, other sections of society have faced a dearth of lending too, including post-graduate students. At the premium end of the post-graduate market are international MBA students, who are willing to pay around £40,000 for a year’s tuition at a top university overseas. Securing personal finance that runs into tens of thousands is never easy, but if...
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