What Does MPOWER offer International Students? MPower Finance is a financial institution based out of the U.S. It was established in the year 2014 to provide support to international students. Interestingly, it was founded by former international students. MPower Finance overseas education loan at fixed rates and does not typically require any co-signer or collateral which […]
How to Get a Student Loan in India to Study Abroad When it comes to education loan for abroad studies, there are many players on the lender’s side including public and private banks, NBFCs, and even international lenders. Choosing a lender among them can be a difficult task since the process involves rigorous comparison. It […]
Prodigy Finance Abroad Education Loan Founded in 2007 by three post-graduation students, Prodigy Finance was founded and works on the philosophy that financing an education should not be a barrier for any student. They understand the pain of students who can not afford any collateral or manage any co-signer or guarantor to get a loan. […]
What is a Demand Letter for Education Loan? A demand letter is a document that a borrower sends to an institution specifying certain components related to the education loan. These components include the interest rate at which the loan is provided, the total amount to be disbursed, the repayment schedule and terms, and other important […]
What is the CAS Letter for Studying in the UK? CAS letter full form is Confirmation of Acceptance. It is a formal document issued by the university you have applied to. A CAS letter is needed for visa applications and the immigration process. While applying for a visa, it acts as proof that the university […]
Understanding Education Loans in India Education loans in India play a pivotal role in financing the dreams of many students who wish to pursue higher education in international universities. While it depends on the lender, these education loans typically cover: Some lenders may also cover travel expenses and any costs for additional study materials. These […]
What is the Full Form of RLLR? RLLR full form is Repo Linked Lending Rate. Before diving into RLLR, let’s understand what the Repo rate is. It is the rate at which the RBI lends to commercial banks and it acts as a benchmark and a foundation for setting interest rates at which the commercial […]
Eligibility Criteria for Secured Overseas Education Loans For any secured loan, the applicant must provide an asset as collateral. This pledged asset can be used by the lender in case the borrower defaults the repayment. The following points merit consideration while discussing education loan eligibility criteria: Age and Citizenship The applicant must be an Indian […]
Education Loan to Study BBA Abroad First things first, it is important to understand different loan parameters related to education loan for BBA abroad: Read More – IDFC FIRST Bank EMI Payment for Education Loans Types of Education Loan for BBA Abroad Understanding the different types of education loans is crucial to choosing the one […]
What is DPD? DPD stands for Days Past Due and indicates the number of days a payment is overdue on a credit account. It reflects your payment history in credit reports, with higher DPD numbers signaling delayed payments, which can negatively impact your credit score and borrowing eligibility. What is the Full Form of DPD? […]
