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Personal loan
Getting a Loan For Education
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[QUOTE="Abigael, post: 236530, member: 25357"] Education loan here in my country is very common. It is usually given mostly to students joining higher learning institutions. If you performed well in your high school, then you are allowed to apply for education loan to aid your studies. Which you will pay later on when you are employed. It is true that this education is a personal loan because you actually don't invest it somewhere so that you can start earning profits out of it. But it is bette than those personal loans that you take for luxury. At least this will aid your education of which you will come out with skills needed in the market for you to make money. The education loans are given by the government. So they come with low interest rates and you don't have to pay it back immediately. Most governments will wait till you have a salary then they will deduct a small amount from it monthly. This shows that it is a great loan to take. You benefit from it because it enables you to pay for your school fees. Moreover, the extra amount that remains can bee used by students to start a small part time business. I used to see students form groups in my campus to start a business using the loan and it was so great for them. [/QUOTE]
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