by Research Team | Jan 10, 2022 | EduLoan FAQ, International Education Loan
Summary: This article helps you navigate the world of unsecured loans, what it is, who provides them, how to qualify for them, and how to increase your odds of getting an education loan for abroad studies without collateral. Are there international education loans...
by Research Team | Sep 9, 2021 | EduLoan FAQ
What is the difference between a bank and an NBFC? Students and parents are often confused between the pros and cons of availing education loans from a Bank or an NBFC. In this blogpost we’ll try and break down the difference between both and then the pros and cons of...
by Research Team | Aug 18, 2021 | EduLoan FAQ, International Education Loan
While choosing credit for your studies, students are often faced with a question: what is the type of loan that I should go for, Secured or Unsecured? Let us first understand what we mean by these terms Secured loans are business or personal (including educational)...
by Research Team | Aug 6, 2021 | EduLoan FAQ, International Education Loan
Banks often advertise interest rates that are different from the rates they approve. That’s because many factors go into deciding the risk profiling and the subsequent interest rates offered for students. Let’s understand some basics. Banks borrow money from...
by Research Team | Jul 10, 2021 | EduLoan FAQ
Education loans have remained as the product with high scepticism for financial institutions given their high default rate. The government notification issued on September 16, 2015, on Credit Guarantee Fund Scheme for Education Loans (CGFSEL) has opened a world of...
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