INDIA PEER TO PEER LOAN FOR EDUCATION INDIA P2P LENDING FOR STUDENT
In India, a P2P (peer-to-peer) loan for student and education is defined as an option for financing the expenses of young Indian people who are studying at Indian or overseas universities to cover their costs such as rent, transport, mobile phone, tuition, course materials and food.
In India, peer-to-peer lending for Indian student and university education is also emerging giving to students a financing alternative to classical Indian bank loans or government loans, and indian student loans growing recently, peer-to-peer sources of funding will increase in the next years.
Indian P2P lenders for students at the university face complications with financing students as classical lenders ask for as source of revenues in order to qualify for a credit facility, however, some of the Indian peer-to-peer lenders show some flexibility towards Indian students financing demands.
In India, a P2P loan for an Indian student is not easy to find as peer-to-peer lenders, however providing with a parents guarantee for example will certainly help to get access to a student loan.