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Education loan - How To Apply Education Loan in Kannada | Indianmoney.com

Education loan - How To Apply Education Loan in Kannada | Indianmoney.com What happens if you do not pay your education loan? Students avail education loans for higher studies within India or outside India. Education loans should be paid in time. What are the consequences of not paying education loans in time? C S Sudheer, the CEO and founder of IndianMoney.com, says, ‘The students who default on education loans have to face legal, financial and ethical consequences in this video. ’ More importantly, the credit score of the loan defaulter is likely to be affected. Banks do not prefer to offer home loans or personal loans or auto loans to people with a bad credit score or credit history, says the speaker.

 
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