We given that all over the world pupils simply take education finance within our family country to pursue advanced schooling for the You since studying Masters inside the Us Can cost you a lot of money and not everyone can afford it, we grab degree loans. I’d like to reveal to you my personal story and just how We reduced off my personal student loan and you may define why simple fact is that better.
My personal Education loan facts
I took $25,100 from student loan inside Asia getting my All of us training away from one of several federal banking companies. As usual, everbody knows, they asked for all of the assets papers otherwise one assets so you’re able to support the mortgage. Fundamentally, i wound up bringing financing while the interest rate i had try fourteen% Interest per year. It is titled Annual percentage rate (Annual percentage rate from inside the United states of america).
Interest levels when you look at the You compared to India or your own nation
While i typed inside the post Where to place your money either inside the United states or India?, the interest prices inside Us are extremely reasonable. It is towards the each side, both to own borrowing from the bank currency otherwise your finances resting from inside the family savings. Continue reading