EDULOAN
Eduloan (Student Loan)
        
Eduloan is the preferred provider of Student Loans in South Afria. They provide affordable interest rates from as little as Prime +1% at selected leading educational institutions country wide. There is no deposit, no hidden costs and quick approval
Location:
Lender/Broker: Lender
Advantages:
1. No deposits. No hidden costs. No surprises and quick approval
2. Fixed monthly instalments, allowing you to budget more effectively
3. No admin. Your study loan is paid directly to the institution
4. No limits. Apply for all your study needs from books to laptops, registration fees or outstanding balances
5. Your employer, family or even friends may apply on your behalf. They just need to be fully employed and meet the instalment criteria
6. If your sponsor passes away, Eduloan will write off the outstanding balance
Disadvantages:
1. You must ask someone who fits the qualifying criteria to apply for you.
Services:
Eduloan pay directly to the institution so there's no admin for you.

Interest Rate: VariesLoan Amount: No limits
Min Term: 6 MonthsMax Term: 22 Months

Secured Loan: YesUnsecured Loan: No

Terms and Conditions:
Anyone can apply for an education loan on your behalf, as long as they are in fulltime employment
Identification:
In addition to the completed application form you must also submit the following:
1. You or your sponsor's latest original salary advice (or a certified copy thereof).
2. A certified copy of your identification document.
3. A study fee quotation from the institution you will be studying at (this is not required if you are applying for a book loan).
4. You or your sponsorís latest month's bank statement to prove you are an account holder and in permanent employment (or 3 month's personal and business bank statements, if you are self-employed.
Suitable:
Apply for all your study needs from books to laptops, registration fees or outstanding balances
Restrictions:
Anyone can apply for an education loan on your behalf, as long as they are in fulltime employment and provided that the Eduloan monthly instalments does not exceed 25% (based on a one year loan) of your sponsor's monthly basic salary.
        
REVIEWS
Eduloan (Which Way To Pay South Africa - 15/8/2013)
Eduloan is ranked 3 out of 5. Based on 1 review.

3 Star Rating

News Charts

Always dreaming of that brand New car , Vehicle loans can help you achieve just that .
31 August 2018
Which Way To Pay
Vehicle Loans are there to help you to be able to purchase that new car
Read More >>
The south African Rand has been hit drastically with the recent Plunge of the Turkish Lira.
31 August 2018
Which Way To Pay
Our Homeland Currency South African Rand has taken a drastic hit with the Lira on the drop.
Read More >>
Everyone wants that special vehicle , but cant always afford it straight away
18 April 2017
Which Way To Pay
We all know its nice do drive a new car , but not everyone has the cash available , Vehicle loans are the answer
Read More >>