Realistically what are my chances of getting a student loan?
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I really need one! I know loads of people will rant on about the economy please spare me because I am well of the economic climate! Its just i know some banks like AIB are promoting their student loans on their website so i was wondering what my chances might be, particularly with Bank of Ireland. I'm Irish btw, just in case it wasn't clear!lol thanks so much!x
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Answer:
Learners from poor families who need to have a higher education will normally have to acquire a loan from financial institutions in order to get an education. The government, through the local banks will advance such credit to students and have them pay them off once they have started earning. This may sound good but not until the former student is unable to pay off such debts. http://www.worldbestloans.com/student-loans.htm This is due to the high interest that such loans end up attracting making, it impossible for such a person to pay off the debt. Sometimes the student may stay for long before he can get employment, meaning the amount to pay continues to escalate. In cases like these, the debtor needs to get student loan help in order to keep abreast with such debt.
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