Until now, higher education is very expensive. Not everyone can afford it, but almost everyone wants to get such an education. New students are therefore ready for work income, counting on parental assistance and the fact that with the new semester the price of training will not jump again. However, there is an easy way to avoid paying for tuition – these are loans to students.
Student credits – what is it?
Higher education requires serious investment funds and not every student has the right amount to pay for the knowledge they receive. Therefore, banks have introduced student loans, ie loans to students to pay for higher education. But everything is not as simple as it seems at first glance. Students are not far from the most basic segment of the population and are therefore in the blacklist of creditworthiness. In fact, the banks themselves decided to lend to students and now refuse to do so. They are afraid of financial losses because, as already mentioned, tuition is high and students are not rich. But there are still student loans and loans to students at Sberbank or other banks will be granted in any case, but only if certain conditions are met that are very strict.
Loan without guarantee for students
If you are a student and want to take out a loan without a guarantor, without third parties and guarantors, then you may have some trouble.
Loans to students without security are given to most banks only if they have reached 23 years. But students complete their college entry before they reach this age, but the bank is even more important than being credited back a money-back guarantee, so there’s nothing to do here – they’ll have to wait 23 years before taking credit for training if this training has to be completed. Absolutely absurd! How do students take a loan for 18 years when they first arrive at college?
For an eighteen-year-old student, the only way out is to take out a secured loan.
This means that you will have third party debt obligations throughout the training. There is, of course, the possibility of collateral, but not all banks are considering it. In addition, if a student does not have the money to pay for their studies, where can they find the means of rescue? Therefore, loans to students are usually made through third parties through an intermediary or guarantee. If you are in a good relationship with your parents, they will be the best third parties you can find. Parents are always provided with just take a loan, but most often it’s not the best. If parents have money to pay the loan, then it is easier to pay for their studies immediately. Usually there is a situation where the student already lives independently and does not depend on his or her parents. Here we have to look for other guarantors,