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Originally posted by Beebee


How you expect the unknown person who you have not seen till now,
to sign for such a big amount?
I feel you are expecting a miracle to happen!

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happily holi day!

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Originally posted by Fido

I don't understand - why would anyone want to live in a house of gold if one can't afford it ............. and why would anyone want to risk his credit history and give a loan without security ........ ???

If the banks don't do it and they are in the business of lending ... they have a solid purpose .............. those who do offer unsecured loans do so at a much higher rate and have means of extracting it .............

what really intrigues me is ....... that you want the world ......... you want some one unknown to put their credit history plus a good amount of money at stake ........... and yet offer him 'a difference in interest rates b/w India and Canada ............ wow -- you are a smart manager in the making but NO THANK YOU ......

First reaction - you are a scamster .............. Advice ............ Live with in your means.

Since you are asking others now for the loan .... I assume Chandresh has found reasons not to go ahead per your plan .... I don't think anyone else would do it either ..

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Hello Anubhav,

Knowing how the banking system in India operates, I have a suggestion for you.

You had commented that the banks in India do not give an educational loan > 20 lakhs even if you want to mortgage property.

This is because you are going on the educational loan route.

If however you take a loan against property, there is no restriction on the amount, and further you do not have to show any end use. Also since you are willing to pay a slightly higher rate of interest, the sanction of such credit facilities should not be a problem.

I am just sharing on of the links for your benefit. All major banks in India have this product.


Let us know if you have any questions.

http://www.icicibank.com/Pfsuser/loans/lap/lapproduct.htm

Regards,
Rajiv

How does a Life insurance policy secure a cosigner from u not defaulting.. It only protects in case of ur death..
This is the most ridiculous and garbage idea i have heard..


If u have property of significant value , i would suggest u liquidate it or try for a mortgage..

If u have lived here and know the system and are putting this post up on hope then Ur judgments seem impaired and u sound as desperate as a Nigerian scamster.. The MBA in question may not be right for u...

Again i will repeat with so much at stake no one will cosign unless u are their blood relative..

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Originally posted by xperience


But as someone who has already said above that in case I can guarantee a life insurance to the co-signer so that his/her risks are covered, I can agree to do that. I mean, in case someone is interested in standing as a co-signer, we could probably talk and work things out so that the risk to the co-signer is minimal.


Regards

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CO-SIGNER : http://en.wikipedia.org/wiki/Co-signer

http://www.iveyemba.ca/financing.html#story1

Please see if you can find a sponsor. Or other b-schools elsewhere that suit your pockets.
http://www.cra-arc.gc.ca/E/pub/tp/it515r2/README.html

And Good Luck.

Freddie.

How about taking OSAP?


If your qualification and professional is in demand and 100% employment ration..bank can give to anybody as long as you have admission.

I am also surprise, if its great course than why bank is not giving money.

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Originally posted by Americanchai

How about taking OSAP?

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