Why Repaying Your Education Loan is Important

It then dawned on him that in his aim to own his dream house and save money for it, he had completely neglected paying his education loan, thereby costing him his home in Mumbai. Like any other loan, it is vital to know that an education loan is a credit facility provided to help one pursue his/her higher education. Like any other form of credit, education loans have to be repaid once one completes his/ her course and gains employment. Also like any other loans and credit cards, education loans…

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