As a rule, students do not have much money available because they do not yet have their own income. The need for a loan for students without credit bureau is increasing, especially since the introduction of tuition fees. It is not easy, many will have already noticed in the list of numerous costs. Students not only have to pay tuition fees, but also have to pay a large amount of teaching material. Monthly loan installments are within reasonable limits.
Credit for students without credit bureau – is that possible?
As a rule, students do not have much capital available as they do not yet have their own source of income. For students without credit bureau there is an increasing demand for credit, especially since the introduction of tuition fees. That is why savings banks and banks offer special loans for students.
For some providers, a loan for students without credit bureau in the foreground, with which they can finance their maintenance during the study visit in the foreground. During the study period, more and more students are so busy that there is little time left for their work and no right to a place in the region. Special conditions apply to students without credit bureau, as interest rates are generally lower than for other loans.
The future creditworthiness is also crucial when granting loans, especially after graduation. The loan for students without credit bureau may not exceed $ 30,000 and the student will receive between $ 800 and $ 850 per month for living expenses and tuition fees. Since 2006, Intrasavings has been granting a special loan for students.
This loan is used exclusively for the financing of existence.
Even if no credit bureau information is available, no guarantors or special securities are required here. The completion of the undergraduate studies is the essential prerequisite for the loan without credit bureau and then the repayment can take more than 25 years.
The loan is intended to provide students with financial security until graduation. The student loan allows a student to gain financial freedom and focus 100% on their studies. These loans are usually granted by credit institutions but are subsidized by the federal government, which is why they are beneficial.
Students can benefit from favorable interest rates as a borrower. Even those who do not have a regular salary receive a student loan. The difference between the student loan and the traditional loan is that it is paid in monthly installments rather than a single installment, and that offers certain benefits.
This means that the loan can only be repaid after a few weeks or even several years of successful study.