Student loan against property
1 answersQuestion asked ( July 23, 2009 , Event )
If i want to keep my property as a security against my student loan will i get any extra benefit?
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Answer
If you are a student and want to apply for a student loan and also have property as security against the loan, you can go for secured student loan. In this secured student loans compare to unsecured student loan you have to keep your property against the loan. Definitely you will get the benefit of this. In this secured student loan you can apply for higher amount of loan at lesser rate of interest as compared to the unsecured student loan where you do not require any security against the loan. Besides it is easy to get the lender for the secured loan.
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