Is this for Insead?
Hello, thank you for replying. This loan would be for HEC Paris.
If you have any advice, it would be much appreciated!
I was in the same situation, only I'm based in Hungary. Firstly, here banks don't really issue bank guarantees for individuals only for corporates. Maybe I could have arranged it somehow but they said that they would issue the guarantee only if I deposit the loan amount in cash to their account and keep it there until the loan matures... which made the whole thing pointless since why would I need a loan if I can put the same amount in cash to their account? In the end that's why I gave up applying for HEC MBA.