Will backlogs affect education loan process?

Question

Hi, has anyone here applied for an education loan? I would like to know whether backlogs can become an obstacle while applying for an education loan to study abroad? Please provide details on do banks check your backlogs when applying for an education loan. #EducationLoan

Smoky zz · Answer

Hi Sushant
Most Of the Education Loan Factors like Interest Rate, Tenure and the  loan Sanction Limit are Defined By your Performance, Work Experience, Reputation of College and Your Course and Scores. Unless you Have a Collateral, I Can Definitely Say it affects Very Much,  One or 2 is Fine but If there's Too many Backlogs there's chances of your Loan application getting Rejected Outright.

Will backlogs affect education loan process?

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