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Loan options *with* US cosigner

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Intern
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Joined: 02 Dec 2012
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Loan options *with* US cosigner [#permalink]

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New post 27 Feb 2013, 05:55
Hi Guys

I am an Indian applicant and I want to understand what options do I have for financing my MBA if I have a US cosigner. I haven't been to find the correct information anywhere.

Anyone here in my shoes who can help?

Thanks
R

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Senior Manager
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Joined: 02 Feb 2009
Posts: 374

Kudos [?]: 158 [0], given: 27

Concentration: General Management, Strategy
GMAT 1: 690 Q48 V35
GMAT 2: 730 Q49 V42
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Re: Loan options *with* US cosigner [#permalink]

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New post 27 Feb 2013, 20:51
rsmsundaram wrote:
Hi Guys

I am an Indian applicant and I want to understand what options do I have for financing my MBA if I have a US cosigner. I haven't been to find the correct information anywhere.

Anyone here in my shoes who can help?

Thanks
R


If you have a US co signer then all options are open for you. Goto any bank's website - most of them have student loans. Some I know of are Citiznes Bank, Chase, PNC, Suntrust, Discover etc. Your rate of interest options are fixed (typically 5.25% which is low compared to the 7.5 - 8% you will get for loans with co signer) or variable (where this is currently at 3.25% but can go up or down).

Do note that your US co signer needs to have a good credit history - that will directly affect the rate of interest PLUS approval of loan.
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Re: Loan options *with* US cosigner [#permalink]

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New post 28 Feb 2013, 22:33
thanks str1der, appreciate your help

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Re: Loan options *with* US cosigner   [#permalink] 28 Feb 2013, 22:33
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