Study abroad loan strategy

If the funds for studying abroad are insufficient, or the assets and fixed deposits are insufficient, loans are needed. At present, the countries that accept China's student loan certificates are mainly Australia, New Zealand and Britain. CITIC Industrial Bank has been designated in New Zealand, and there are six financial institutions recognized by Australian Immigration Bureau: Bank of China, Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, CITIC Industrial Bank and Shanghai Pudong Development Bank. China Merchants Bank is recognized as a bank for studying abroad in Britain.

Conditions of studying abroad loan

The borrower is required to provide the school's admission notice or admission notice, the proof materials of tuition and miscellaneous living expenses required by the school during the study period, and the third-party borrower recognized by the lender with compensatory ability and joint liability. The borrower already has a certain proportion of the expenses required by the educated.

Guarantee mode

(1). Real estate mortgage: The maximum loan amount shall not exceed 60% of the value of collateral recognized by the lender; (2) Pledge: The maximum loan amount shall not exceed 80% of the value of the pledged property. (3) Credit guarantee: If a third party provides joint and several liability guarantee, and the guarantor is a legal person recognized by the bank, it can pay in full; If it is a natural person recognized by the bank, the maximum loan amount shall not exceed 200,000 yuan.

Visa issue

The loan itself will not affect the visa result, because the loan can prove that the applicant has certain assets and certain conditions for going abroad, and the visa officer focuses on the repayment ability of the guarantor. Therefore, the authenticity, rationality and feasibility of repayment ability and plan certification materials are the key to determine the success or failure of loan visa application.

Quotas and deadlines

The maximum loan amount and term are different from bank to bank, which is subject to the information published by each bank.