Education loans: What is a moratorium period and what makes is so useful?

With rising competition, it’s easier and cheaper to get an education loan today than it was a few years back. But for a university or country that is not popular among students, a lender may seek additional security. When taking a loan, it is important to look at various factors, and not just the interest rate. To arrive at your loan requirement, consider charges like hostel, university mess, other incidental expenses, besides tuition fees Lenders may not lend for admission in less-popular universities or ask for extra collateral as the non-performing assets in the educat.....

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