
What is Moratorium Period in Education Loan?
Worried if you’ll have to start paying off your education loan while still studying or right after graduation? It’s a real concern, especially when you haven’t even received your first paycheck yet.
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Calculate your education loan EMI
In this type of loan, students can pursue abroad studies without pledging collateral with the lender. Here the process is quicker between secured loan vs unsecured loan. The lenders consider your financial ability and resources to repay the education loan at a later stage without defaulting.
Feature
Secured Education Loan
Unsecured Education Loan
Collateral
Required
Not Required
Interest Rates
Lower
Higher
Borrowing limits
Higher
Lower Compared to Secured Loan
Repayment term
Longer
Lower compared to secured loan
Eligibility
Stricter Criteria
Relatively Relaxed Criteria
Qck Loans is here to help choose the best option for student loans for studying abroad!
By following these options, the options posed to you when education loan is secured or unsecured, choose the best option after considering the above factors before taking the final leap. A secured loan with collateral is an easier choice, however an unsecured education loan can be a game-changer, allowing you to pursue your academic aspirations without financial hassles until you finish your studies, making it a compelling choice among many students. By reaching out to some leading names like Qck Loans, you can get the right advice from their team of financial experts, assisting you throughout the loan process.
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Worried if you’ll have to start paying off your education loan while still studying or right after graduation? It’s a real concern, especially when you haven’t even received your first paycheck yet.
Planning to study abroad? One of the biggest challenges is arranging the money needed. Tuition fees, flight tickets, living costs—it all adds up. That’s where education loans come in.
Have you ever wondered what stands between your acceptance letter and actually stepping onto your dream campus abroad?
For many students and their families, it’s not the grades or paperwork — it’s figuring out how to fund the journey.
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