Hi guys, Welcome to the Advanced Video Search Engine, and you are watching Education loan. All you need to know! #shorts #shortkarofeelkaro #ytshorts #loan. That video is uploaded by Murrad on Run at 2022-03-14T01:03:27-07:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [k8RwYuSJDoE]
| Name | Education loan. All you need to know! #shorts #shortkarofeelkaro #ytshorts #loan |
| Video Uploader | Video From Murrad on Run |
| Upload Date | This Video Uploaded At 14-03-2022 08:03:27 |
| Video Discription | YOU NEED TO KNOW THIS IF YOU ARE PLANNING TO TAKE AN EDUCATION LOAN- Some people look at education loan in a wrong way, they think cheapest is the best, although true to a very huge extent, but sometimes for paying a 0.1% higher interest rate you can actually miss out on a lot of flexibility, do not directly go for the cheapest loan you might end up regretting it, apart from interest rate these are the things you should look out for - 1. Confirm about the grace period- Different loans have different grace periods i.e. how long you can wait after leaving school before you have to make your first payment. Make yourself aware with the grace period very clearly because you must start repayment as scheduled or else bank will start imposing delayed payment charges and in worst cases loan can go for default also, a low interest loan might sometimes not have a grace period at all. 2. Check available Financial Aids Before opting for an education loan, ensure you check all financial aids (grants, scholarships, etc.) that you qualify for. These offer great financial support and do not have to be repaid unlike your education loan. You can also find 200+ scholarship links from link in bio. 3. Know the prepayment process- a loan with prepayment option can be good becuase if you strike gold (good job) you would want to get rid of all liabilities ASAP. 4. Very obvious but First exhaust all of your other resources- It’s important for you to borrow only as much as you actually need, so your loan amount can be as less as possible. Do not apply for full amount in haste. 5. What happens if you are unable to make your scheduled payment, different banks will have different policies, this can be important if you’re not certain about the future( but yes if you’re not certain try to take as little of loan as you can). k8RwYuSJDoE |
| Category | People & Blogs |
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