Career loans extended

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THE terms of the Career Development Loan Scheme are being extended from the start of this month. The minimum amount available is being cut from pounds 300 to pounds 200, and the interest rate from 19.5 per cent to 18.5 per cent. The eligibility criteria are also being simplified. The scheme is run by Barclays, the Co-operative and the Clydesdale banks in conjunction with the Department of Employment. Details from local branches.

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