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  #1  
9th December 2015, 05:07 PM
Unregistered
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Education Loan to study in a Business School without a guarantor?


Hello Everyone,
I have got admission in a Business School but education loan is required which is not easy task as my parents are retired and without their working I cannot get education loan as, guarantor is required. I cannot put unnecessary burden on them. Please help me.




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  #2  
12th December 2015, 02:49 PM
SudeepKumarSaha
Senior Member+++++
  
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Education Loan to study in a Business School without a guarantor?

Guarantor is one of the essential norm in education loan. SO one needs to have a guarantor while applying for education loan. It is not possible to take education loan of high amount if there is no guarantor. It is not necessary that only parents can become guarantors. Other relatives who have a stable income source or your neighbours can become guarantor of the education loan. If your parents possess properties of good value then, they can become guarantor of your education loan.
Do you have any question? or have anything to say?



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