Tag: education loan

Can I get a personal loan if I have an education loan? 21 July 2023
  • Maxwell Harrington
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Can I get a personal loan if I have an education loan?

Absolutely, having an education loan doesn't necessarily bar you from obtaining a personal loan. It all comes down to your credit score, income, and debt-to-income ratio. Lenders will evaluate your financial stability and ability to repay both loans simultaneously. However, remember that taking on more debt could potentially strain your finances and impact your credit score. Always weigh the pros and cons before applying for additional loans.

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