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Need a foreign student loan? It’s easier to get one from a global lender

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Lucknow-based Himanshu Singh will begin a Masters in Finance course at the University of California, Irvine in August. The 29-year-old says: “I applied for financing with a few Indian lenders, but it took a long time for them to respond.
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One player said it wouldn’t need collateral, but later changed his mind.” Singh then applied to a foreign lender called Prodigy Finance and managed to get a $50,000 loan. Borrowing from domestic lenders is not easy for Indian banks and non-Indian banks. bank finance companies (NBFC) that provide foreign education loans set a number of preconditions.

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The post Need a foreign student loan? It’s easier to get one from a global lender appeared first on Notesradar.

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