Get a head start on professional life
Easy online application.
Get a fast, no-obligation quote that does not effect your credit score.
We will complete a hard search after you have accepted your offer closer to funding your loan.
Hard searches do appear on your credit file.
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Apply for a loan
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Receive your Provisional Loan Offer* within 2 business days
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Accept offer*
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Get funded
*Loan proposals offered to UK residents only, subject to Lendwise terms and conditions.
Loans for new graduates
Get a head start on your professional life with a loan of up to two times your salary (capped at £10,000). The Graduate Life Start loan helps students with the transition from student life to working professional. No longer a student, life after graduation presents new financial demands.
Key Features:
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Borrow up to two times your salary
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Fixed interest rates
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No guarantor or cosigner required
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No early repayment fee
Representative Example: Assumed borrowing of £30,825 over 120 months at 12.73% APR representative. Monthly cost of £509.26. Total amount repayable of £61,199.65. Interest rate of 11.62% p.a.(fixed) and total fees of £925.00. Available for loan amounts between £5,000 – £100,000.
Frequently asked questions
Who qualifies for the graduate life start loan?
This loan is designed for final year undergraduate students or postgraduate students that are ending their course at some point during the next 6 months or have graduated within the last twelve months and are either already in full-time professional employment (and can provide payslips and contract) or have a contract with a forward start date to begin work after graduation.
What can the funds be used for?
The funds are disbursed to the student’s bank account and can be used for to cover personal living expenses.
How much can I borrow?
Under the Graduate Life Start Loan, you can request to borrow up to 2 monthly salaries (capped at £10,000) for expenses related to your transition from student life to professional life.
How soon do I have to repay the loan?
If you have already graduated, your loan repayments will begin 1 month after the loan disbursement. If you have not yet graduated, your loan repayments will begin once you have completed your first month of employment.
The repayment schedule of your Lendwise Graduate Life Start Loan will be clearly laid out in the provisional loan offer and on the loan agreement. In addition, the repayment schedule is also viewable online on the Lendwise dashboard.
How can I learn more about getting a Lendwise Graduate Life Start loan?
If you are interested in a Lendwise Graduate Life start loan, we encourage you to complete a quick online application so we can offer you a no-obligation provisional loan proposal.
