Do you need £300 – £1500 to pay for an unexpected bill that your teachers wage just wont cover? You’ve come to the right place! The Cashfloat Team provides payday loans for teachers when they need that extra cash injection to pay for surprise expenses or to help you get through until payday. Apply now and get money into your bank account within 1 hour of approval!
Whether you are a head teacher, class teacher or a teachers assistant, if you need to borrow money for an emergency expense or to help pay your rent, Cashfloat can get you the money you need quickly. Apply here, and you’ll get an instant decision.
Being in the teaching profession has its many perks, such as the satisfaction you can get from educating children and young adults. Another perk is the paycheck you get at the end of every month. However, for some teachers out there, that monthly paycheck is not always enough to cover all their expenses, and when they have an emergency that they need funding, they can get stuck. As a leading UK direct lender, we explore the salaries of a teacher, the pros and cons of the job and why so many teachers resort to quick loans online.
Becoming a Teacher
There are a variety of ways of joining the teaching profession. However, all teacher training courses include 24 weeks of practical classroom experience in two or more schools. There is also academic study, experienced professional mentoring or tutoring in classroom management, and ongoing assessment of teaching skills. One of the most common ways to enter the profession is to do Initial Teacher Training (ITT) or Initial Teacher Education Training (ITET), both of which lead to Qualified Teacher Status (QTS). Alternatively, would-be teachers can do a degree course and then a one-year Postgraduate Certificate in Education (PGCE). If the subject which the teacher plans to teach is different to the main degree, they can take a subject enhancement course.
The School Direct scheme recruits and trains teachers in partnership with schools or universities. The training lasts a year and is usually unsalaried but with the possibility of a bursary or scholarship of up to £30,000. Alternatively, it can be salaried with the trainee teacher being paid an unqualified teacher’s salary.
This flexibility of entering the profession means that it is attractive to people who desire a change in career at an older age. As a profession, teaching continues to be dominated by women, especially at primary school level. Approximately 74% of teachers are female. They consider it to be a job that can be combined with raising children; the working hours and the summer holidays mean working mothers do not have to worry about the additional expenses of childcare once their children start school.
Payday Loans for Teachers
Cashfloat – a dynamic payday loans direct lender in the UK – has noticed the high amount of applications for payday loans for teachers. The question is; Why? Although long considered a well-paid profession, an increasing number of teachers are applying for payday loans. This tends to be mostly young teachers just entering the profession.
One of the attractions of teaching has always been its mobility. We need teachers all over the UK. However, with their starting salary, a mortgage is out of the question, so most have to look for rented accommodation. There is a shortage of property to rent, and the increasing use of letting agencies pushes up rent even more. Their rent would, of course, depend on where they live. It has been calculated that in London, rents average £740 a month. This would swallow nearly half of their salary. It could leave them needing the help of companies offering instant payday loans for teachers. Other expenses they would have are travel costs of commuting to and from work and the monthly instalment of paying back their student loan now they are in full-time employment.
New teachers are at a disadvantage. They will not necessarily get high salaries until they have more experience. A new teacher might have to find work at schools with disciplinary problems which would make their situation worse; they would not be able to show ‘proof’ of being a good teacher and would therefore not receive a pay rise.
As a responsible and caring lender, Cashfloat is happy to help provide short term loans for teachers who need extra funds to pay for an emergency. However, short term loans online are an expensive form of credit and should not be used to alleviate long term money problems.