US Co-Applicant/Co-Signer Loan
Unlock your US study dreams with a loan supported by a US co-signer!
What is US Co-Applicant/Co-Signer Loan?
This is an education loan that requires a co-signer who is a US citizen or permanent resident.
Key Features
- ✔ The co-signer can be anybody within or outside the family such as relative, friends or colleague etc.
- ✔ The co-signer's credit score is a critical factor for approval.
- ✔ Can get lower interest rates as the rates are based on US Central Bank rates.
- ✔ Available only for students who are planning to study in the US.
Eligibility
- A US-based co-signer with a good credit score.
- Admission to a US university.
Suitable For:
- ✔ Students with relatives or trusted contacts in the US willing to be co-signers.
- ✔ Students aiming for low-interest loans for US studies.
Benefits
- ✔ Lower interest rates.
- ✔ Higher loan limits due to security.
Frequently Asked Questions (FAQs)
What is the maximum loan amount available? +
The maximum loan amount varies based on the lender and your profile. It can cover both tuition fees and living expenses.
What is the interest rate? +
Interest rates start from 3.45% and depend on the lender and your eligibility.
Can I repay the loan before the scheduled time? +
Yes, you can prepay the loan without any foreclosure charges.