Here are some mistakes to avoid during the education loan process.
Over the years, getting an education loan has become extremely easy. The education loan process has been greatly simplified due to the introduction of the internet. It has put good student loans at your fingertips, literally! All you have to do is reach for your phone, visit a lender’s website and submit your application. The next thing you know, a representative is at your doorstep to collect your documents and within a couple of days the loan is approved and sanctioned, superb right? Just remember not to make the following mistakes when applying. 1. Not comparing. Some student and parents go with a certain lender without seeing what others have to offer. This happens when others recommend a certain loan or the lender is their preferred banking/financial institute. But not comparing is a big mistake. You could missing out on a much better loan, one that matches your needs & requirements better, just because you failed to look at the other finance soluti...