Pretty sure the terms are somewhere on FTE's website. As I recall its secured on your house and you'd better have a LOT of equity in it - no mean feat with prices having fallen >20% already. Seriously, anyone who needs to borrow to finance training with the way the job market looks for the next 2-3 years should not be doing this now. If you're ex-Lehman (etc) with no mortgage and cash to burn then the lack of 'kids' entering FTOs at the moment (due to funding issues) might make this a good time to start - so long as you pick an FTO that isnt going to go bust. I can think of 3 well known ones that very probably will, one of them got a mention at the top of this thread and two others are absolutely stuffed because of the €/£ rate - you don't need inside knowledge to work it out.