If you select the pay monthly option, then we work with a company called Payitmonthly, which will collect the monthly payments.
As it is a form of credit, then, Payitmonthly has specific criteria that you must meet to be accepted for this option.
Payitmonthly require you to:
Have a UK bank account
Have a permanent UK address
Have been a UK resident for a minimum of 2 years
Aged between 18 and 80 years old
They will then perform a soft credit check and establish your affordability for the course.
At this point, some learners may be disheartened or worried that they will not be accepted, but please do not worry, as everyone is guaranteed to be accepted!
This is also a great way to build credit as you will have a regular direct debit set up and going from your bank and have a credit application, which will then boost your credit file, so long as you keep up with the payments as scheduled.
Payitmonthly will then collect the payments on your specified date each month and pay them to us.