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Thinking of taking out a student loan? Read this first

19-Nov-2021

Thinking of taking out a student loan? Read this first A recent survey conducted by Sanlam revealed that more than 90% of participants viewed education as key to their future success. But with the rising cost of tertiary education, is taking out a student loan worth it? Consider these points before going ahead. Student loan vs personal loan Student loans are tailored to the needs of students and their parents or guardians, whereas personal loans are set transactions with a credit provider or financial institution for more general purposes. Repayment terms Russell Dickerson, president of the Debt Counsellors Association of...

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