Want to spread the cost of training?

Monthly repayment - two finance options: 

 

Professional and Career Development Loans

Professional and Career Development Loans are bank loans for courses and training that help boost your career or help get you into work with a new qualification.  Wallace is an approved and registered PCDL training provider.

Loans are usually offered at a reduced interest rate and the government pays interest while you’re studying.

Apply 3 months before your course starts to give the bank enough time to process your application.  Check with your benefits office before taking out a PCDL as it can affect any benefits you're entitled to.

Call us for more details contact us or call PCDL for advice on 0800 100 900

 

Instant Finance available

Finance is a great way to spread the cost of your purchase. To make it easy we’ve teamed up with Deko whose smart technology lets you apply for and complete the loan application quickly and entirely online.

Simply add the items you love to your basket. Once you are at the checkout select the finance option that suits you and then choose Deko. The quick application form should take no more than a couple of minutes to complete and you’ll receive an instant decision. Easy!

Pay a minimum of 10% deposit and plan re-payments from 9 months up to 36 months. 

You will only be considered for Deko finance if you:
• Are at least 18 years old
• You're in paid employment or have a regular income (minimum 16 hours per week or £5,000 per annum, unless you are retired and receiving a private / company pension or in receipt of disability allowance)
• Are a permanent UK resident and have lived in the UK for at least 3 years.
• Have a UK bank account capable of accepting Direct Debits
• Have a good credit history with no late payments, debt relief orders, County Court Judgment (CCJs), Individual Voluntary Arrangement (IVAs) or bankruptcies.

It is also possible for a friend, relative or partner to take a loan on your behalf.

We offer a range of interest-free and interest bearing finance options to help you spread the cost of your purchase over 12, 24 or 36 months. The value of the loan needs to be over £250 and you can choose a deposit of up to 50% of the value of the goods.

Representative examples would be:

19.9% finance over 12 months
● Total order value = £600
● 10% deposit = £60
● Total amount of credit = £540
● Duration = 12 months
● Representative APR = 19.9%
● Interest charged = £54.96
● 12 monthly payments of = £49.58
● Total amount payable = £654.96

Your application will be assessed based on eligibility, credit history and affordability and Deko will let you know the outcome in just a few seconds. It’s important to know that when applying for finance a hard credit check is made which is recorded on your credit file.

Once approved, Deko will let you know who the lender is and provide you with their full contact details. You then just need to digitally sign your credit agreement, pay your deposit and wait for your order to arrive.

In a few cases, your application may be referred to a lender for manual assessment and you’ll be notified by email of the credit decision within 24 hours. If you’re not approved for finance it could be for a variety of reasons and the lender will be able to give you more information.

Your first direct debit payment will be taken about a month after you receive your purchase. This will show on your statement as a payment to your lender. You have the right to repay all or part of the loan early at any time.

There is a 14-day cooling off period where you can withdraw from the credit agreement after signing your documents. If you wish to do this please contact us (your retailer) directly. We can cancel the application on your behalf. There is no need to contact Deko or your lender.

A payment plan does not affect our standard refund and returns policy. Just contact us and we’ll cancel your application and the lender will refund your deposit and let you know of any outstanding balance if applicable.

For more details about Deko Loans please call us 020 8453 3440

Wallace School of Transport is authorised and regulated by the Financial Conduct Authority, register number FRN737210 and act as a credit intermediary.

Finance is provided through the Deko platform by a number of lenders. You will be offered the best rate available based on your credit history and the lenders’ credit decision policies.

Deko is a trading name of Pay4Later Ltd who act as a credit intermediary. They are registered in England and Wales (company number 06447333) and authorised and regulated by the Financial Conduct Authority (register number 728646). For more information please go to www.dekopay.com/faq or visit www.dekopay.com.

 

And if you don't want finance - why not consider becoming a HGV Apprentice

Partnering with the National Logistics Academy, Wallace School of Transport can now offer car drivers the opportunity to gain their HGV / LGV driving licence for FREE through the new Government Apprenticeship and Local Levy Paying Employers who, while your work with them, help you gain valuable job knowledge as well as supporting your aim to get additional vocational qualifications.

Click here for further details

Quick Training Enquiry

Driver Training Courses

Testimonials

After a bit of research, I ended up choosing Wallace and I'm glad I did. My first phone call was very informative and I had only to choose when to start the training. Got all the books from them, studied everything and passed my theory test first time. Went to do some practical training with Gerry the instructor and got my skills polished to a very high standard. Anticipate, not react. The best advice I could ever get. Passed my practical first time and also the following CPC theory and practical tests. If someone asks me where to go for a truck licence, my answer is 1000 times Wallace School of Transport. They care for you as if you were family. That counts more than anything.

Mr Augusto Barale

I passed the practical test first time and this is undoubtedly due to the professional and supportive manner in which I was instructed. Without this, I have no doubt that my progress wouldn't have been so quick or productive. Please once again pass my sincere thanks onto both the administrative staff and Michael himself.

Chris Bridger Student Paramedic

We have been very pleased with the help and assistance and standard of training we have received from your team. I will be in touch shortly to make arrangements for our new trainees.

Lee Bedingfield, Ups Automotive

Our Accreditations:

Sign Up for Updates