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Personal loans helping students shape up their future Students need to borrow responsibly. They should avoid financing their education expenses through credit cards and instead opt for personal loans. Wed 29th Aug 2007 Amidst high cost of University education, many students are opting for personal loans to finance their education expenses. A report from Halifax says that nearly 30 per cent of the students polled were indebted in excess of 10,000 while around 50 per cent had more than 7,000 of debts.Sue Harper, head of student banking at Halifax , said: "Our advice to students is to budget carefully and to shop around for the best financial deals. The difference between the most generous interest-free overdrafts and the most expensive could be worth several hundred pounds over the course of your studies." Source: http://www.24-7pressrelease.com/view_press_release.php?rID=32456 |
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