{"id":22638,"date":"2023-05-15T12:14:22","date_gmt":"2023-05-15T06:44:22","guid":{"rendered":"https:\/\/test-blog.unicreds.com\/blog\/?post_type=web-story&#038;p=22638"},"modified":"2023-05-15T12:16:24","modified_gmt":"2023-05-15T06:46:24","slug":"mistakes-to-be-avoided-while-applying-for-an-education-loan","status":"publish","type":"web-story","link":"https:\/\/unicreds.com\/blog\/web-stories\/mistakes-to-be-avoided-while-applying-for-an-education-loan\/","title":{"rendered":"Mistakes To Be Avoided While Applying For An Education Loan"},"content":{"rendered":"<p><html amp=\"\" lang=\"en\"><head><meta charSet=\"utf-8\"\/><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"\/><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><link 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  padding: 6px 12px;\n                vertical-align: middle;\n                border-radius: 15px;\n                background: rgba(11, 11, 11, 0.6);\n                color: rgba(255, 255, 255, 1);\n                font-family: -apple-system, BlinkMacSystemFont, \"Segoe UI\", Roboto, Oxygen-Sans, Ubuntu, Cantarell, \"Helvetica Neue\", sans-serif;;\n                font-size: calc(4 * var(--story-page-vw));\n                line-height: 1.4;\n                word-break: break-word;\n                word-wrap: break-word;\n                overflow-wrap: break-word;\n              }\n              <\/style>\n<p><meta name=\"web-stories-replace-head-start\"\/><title>Mistakes To Be Avoided While Applying For An Education Loan<\/title><link rel=\"canonical\" href=\"https:\/\/unicreds.com\/blog\/web-stories\/mistakes-to-be-avoided-while-applying-for-an-education-loan\"\/><meta name=\"web-stories-replace-head-end\"\/><\/head><body><amp-story standalone=\"\" publisher=\"UniCreds\" publisher-logo-src=\"https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2022\/02\/10161836\/UniCreds-Logo.png\" title=\"Mistakes To Be Avoided While Applying For An Education Loan\" poster-portrait-src=\"https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15115638\/Untitled-design-49.jpg\"><amp-story-page id=\"bf1abdf6-6691-4025-8028-b47828adb2e0\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-5996bb8e-d60a-4901-84d1-7c420b28df09\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120429\/1-17.jpg\" alt=\"Applying For An Education Loan\" srcSet=\"https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120429\/1-17.jpg 720w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120429\/1-17-576x1024.jpg 576w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120429\/1-17-169x300.jpg 169w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120429\/1-17-150x267.jpg 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:8.49515%;top:44.01294%;width:83.25243%;height:20.71197%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5830903790087464% 0.5830903790087464% 0.5830903790087464% 0.5830903790087464% \/ 1.5625% 1.5625% 1.5625% 1.5625%;background-clip:content-box;background-color:#ffee70\" id=\"el-71541009-bac3-41b3-b7f2-d5f3fc43ea11\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.932944606413994% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.517799em;line-height:1.2;text-align:center;padding:1.1661807580174928% 2.3323615160349855%;color:#000000\"><span><span style=\"font-weight: 700\">Facts You Need To Know About Education Loan<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"b6296a1d-71f2-4199-a3c5-fcba921be298\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-cca1397b-ca54-49ee-9365-054e130ae550 [data-leaf-element=\\\"true\\\"]\",\"keyframes\":{\"transform\":[\"translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)\",\"translate3d(0%, 0, 0) translate(0%, 0%) scale(1)\"]},\"delay\":0,\"duration\":2000,\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-e83e9e4a-b4d2-4e8b-a7ba-6a35a6f0c63a\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-1c0e8035-576c-4a1e-a1e3-ed00a000a01c\",\"keyframes\":{\"transform\":[\"scale(0.3333333333333333)\",\"scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div id=\"anim-cca1397b-ca54-49ee-9365-054e130ae550\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-eb063394-c6f4-4d3e-a84c-56ffd51faecd\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120546\/2-7.jpg\" alt=\"Applying For An Education Loan\" srcSet=\"https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120546\/2-7.jpg 720w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120546\/2-7-576x1024.jpg 576w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120546\/2-7-169x300.jpg 169w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120546\/2-7-150x267.jpg 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:8.49515%;top:24.75728%;width:83.25243%;height:56.6343%;opacity:1\">\n<div id=\"anim-e83e9e4a-b4d2-4e8b-a7ba-6a35a6f0c63a\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-1c0e8035-576c-4a1e-a1e3-ed00a000a01c\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.3333333333333333)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5830903790087464% 0.5830903790087464% 0.5830903790087464% 0.5830903790087464% \/ 0.5714285714285714% 0.5714285714285714% 0.5714285714285714% 0.5714285714285714%;background-clip:content-box;background-color:#ffee70\" id=\"el-24df9232-9bf3-4a36-a60d-e7b77ca03696\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.8163265306122441% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.453074em;line-height:1.2;text-align:center;padding:1.1661807580174928% 2.3323615160349855%;color:#000000\"><span><span style=\"font-weight: 700\">Insufficient research:&nbsp;<\/span><br \/>\nFailing to thoroughly research and compare different loan options can result in missing out on better interest rates, repayment terms, or benefits offered by other lenders.<\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"210c56e7-3070-4dd6-9e9d-496127ddd4c5\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-530700ec-3c1e-4acc-bd89-c52b89919cdc [data-leaf-element=\\\"true\\\"]\",\"keyframes\":{\"transform\":[\"translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)\",\"translate3d(0%, 0, 0) translate(0%, 0%) scale(1)\"]},\"delay\":0,\"duration\":2000,\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-f3d65c87-d852-4382-a0ba-cb8e5dbc6f7a\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-23673ee2-6115-4080-9698-1eb0c6278ea2\",\"keyframes\":{\"transform\":[\"scale(0.3333333333333333)\",\"scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div id=\"anim-530700ec-3c1e-4acc-bd89-c52b89919cdc\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-137e7401-2783-4034-b331-e9e745b99276\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120622\/3-10.jpg\" alt=\"Applying For An Education Loan\" srcSet=\"https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120622\/3-10.jpg 720w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120622\/3-10-576x1024.jpg 576w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120622\/3-10-169x300.jpg 169w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120622\/3-10-150x267.jpg 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:8.25243%;top:16.18123%;width:83.25243%;height:83.65696%;opacity:1\">\n<div id=\"anim-f3d65c87-d852-4382-a0ba-cb8e5dbc6f7a\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-23673ee2-6115-4080-9698-1eb0c6278ea2\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.3333333333333333)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5830903790087464% 0.5830903790087464% 0.5830903790087464% 0.5830903790087464% \/ 0.3868471953578337% 0.3868471953578337% 0.3868471953578337% 0.3868471953578337%;background-clip:content-box;background-color:#ffee70\" id=\"el-39aa05a2-9c32-4241-9182-15db67cbdaf4\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.8163265306122441% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.453074em;line-height:1.2;text-align:center;padding:1.1661807580174928% 2.3323615160349855%;color:#000000\"><span><span style=\"font-weight: 700\">Incomplete documentation: <\/span>Submitting incomplete or inaccurate documentation can delay the loan approval process or result in rejection. Gather all the required documents, such as educational certificates, income proof, identity proof, and collateral documents<\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"740e84be-e7de-44cb-8518-76e08df2e062\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-4374eb00-b075-4a2c-bc04-6c048e77d542 [data-leaf-element=\\\"true\\\"]\",\"keyframes\":{\"transform\":[\"translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)\",\"translate3d(0%, 0, 0) translate(0%, 0%) scale(1)\"]},\"delay\":0,\"duration\":2000,\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-a8ed7977-e99b-4532-959d-ac7bb05337eb\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-5a1b592e-3ef0-4826-80d0-39057aca12ae\",\"keyframes\":{\"transform\":[\"scale(0.3333333333333333)\",\"scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div id=\"anim-4374eb00-b075-4a2c-bc04-6c048e77d542\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-233eb392-c7f0-4b0d-95ee-c5b21b808674\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120638\/4-7.jpg\" alt=\"Applying For An Education Loan\" srcSet=\"https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120638\/4-7.jpg 720w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120638\/4-7-576x1024.jpg 576w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120638\/4-7-169x300.jpg 169w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120638\/4-7-150x267.jpg 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:8.25243%;top:21.84466%;width:83.25243%;height:61.97411%;opacity:1\">\n<div id=\"anim-a8ed7977-e99b-4532-959d-ac7bb05337eb\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-5a1b592e-3ef0-4826-80d0-39057aca12ae\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.3333333333333333)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5830903790087464% 0.5830903790087464% 0.5830903790087464% 0.5830903790087464% \/ 0.5221932114882507% 0.5221932114882507% 0.5221932114882507% 0.5221932114882507%;background-clip:content-box;background-color:#ffee70\" id=\"el-dde8c40f-1fbd-4817-bc89-22664f91759f\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.8163265306122441% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.453074em;line-height:1.2;text-align:center;padding:1.1661807580174928% 2.3323615160349855%;color:#000000\"><span><span style=\"font-weight: 700\">Applying for an excessive loan amount:&nbsp;<\/span><br \/>\nWhile it&#8217;s essential to cover your educational expenses adequately, applying for an unnecessarily large loan amount can lead to a higher debt burden in the future<\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"bedf0663-41dc-44d6-818f-bcb696d8dea2\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-7380ab4c-9a74-4309-97b3-a59f1a212d24 [data-leaf-element=\\\"true\\\"]\",\"keyframes\":{\"transform\":[\"translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)\",\"translate3d(0%, 0, 0) translate(0%, 0%) scale(1)\"]},\"delay\":0,\"duration\":2000,\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-9fa28898-4efa-4d8b-a1c6-82cbd2095020\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-d465ca17-3959-4d2e-b97a-923ee5d3f682\",\"keyframes\":{\"transform\":[\"scale(0.3333333333333333)\",\"scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div id=\"anim-7380ab4c-9a74-4309-97b3-a59f1a212d24\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-23c0331c-4a7e-4371-bbc4-c365da06caf7\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15121610\/5-8.jpg\" alt=\"Mistakes To Be Avoided While Applying For An Education Loan\" srcSet=\"https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15121610\/5-8.jpg 720w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15121610\/5-8-576x1024.jpg 576w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15121610\/5-8-169x300.jpg 169w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15121610\/5-8-150x267.jpg 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:8.49515%;top:16.18123%;width:83.25243%;height:67.63754%;opacity:1\">\n<div id=\"anim-9fa28898-4efa-4d8b-a1c6-82cbd2095020\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-d465ca17-3959-4d2e-b97a-923ee5d3f682\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.3333333333333333)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5830903790087464% 0.5830903790087464% 0.5830903790087464% 0.5830903790087464% \/ 0.4784688995215311% 0.4784688995215311% 0.4784688995215311% 0.4784688995215311%;background-clip:content-box;background-color:#ffee70\" id=\"el-65d219ec-fde6-4a25-acaa-773cf0ea6dc4\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.8163265306122441% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.453074em;line-height:1.2;text-align:center;padding:1.1661807580174928% 2.3323615160349855%;color:#000000\"><span><span style=\"font-weight: 700\">Missing loan repayments:<\/span><br \/>\nOnce you secure an education loan, it&#8217;s crucial to make timely repayments. Missing or delaying payments can negatively impact your credit score, accrue penalties, and affect your financial future.<\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"9466484d-b626-406d-b2a1-9e2ac4e98ed2\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-4a656d53-3eed-4a70-9a83-4e01f58adc4b [data-leaf-element=\\\"true\\\"]\",\"keyframes\":{\"transform\":[\"translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)\",\"translate3d(0%, 0, 0) translate(0%, 0%) scale(1)\"]},\"delay\":0,\"duration\":2000,\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-d94fdc4a-877c-40bb-b1aa-4898243b823b\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-7777ce91-fae0-4c53-bbda-79238799c153\",\"keyframes\":{\"transform\":[\"scale(0.3333333333333333)\",\"scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div id=\"anim-4a656d53-3eed-4a70-9a83-4e01f58adc4b\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-55368659-0f67-4fa7-bcb0-0432e3ed55fa\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120804\/6-8.jpg\" alt=\"Applying For An Education Loan\" srcSet=\"https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120804\/6-8.jpg 720w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120804\/6-8-576x1024.jpg 576w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120804\/6-8-169x300.jpg 169w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120804\/6-8-150x267.jpg 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:8.25243%;top:21.68285%;width:83.25243%;height:56.47249%;opacity:1\">\n<div id=\"anim-d94fdc4a-877c-40bb-b1aa-4898243b823b\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-7777ce91-fae0-4c53-bbda-79238799c153\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.3333333333333333)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5830903790087464% 0.5830903790087464% 0.5830903790087464% 0.5830903790087464% \/ 0.5730659025787965% 0.5730659025787965% 0.5730659025787965% 0.5730659025787965%;background-clip:content-box;background-color:#ffee70\" id=\"el-a5463b01-7548-49a0-9df5-3a0e1bad860f\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.8163265306122441% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.453074em;line-height:1.2;text-align:center;padding:1.1661807580174928% 2.3323615160349855%;color:#000000\"><span><span style=\"font-weight: 700\">Lack of communication with the lender:<\/span><br \/>\nIf you face any financial difficulties or challenges in repaying your loan, it&#8217;s important to communicate with your lender promptly.<\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"c2af027f-1ab8-4530-948a-3382451bba78\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-09c0e14b-d73a-4c26-a32c-e5491e8481e3 [data-leaf-element=\\\"true\\\"]\",\"keyframes\":{\"transform\":[\"translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)\",\"translate3d(0%, 0, 0) translate(0%, 0%) scale(1)\"]},\"delay\":0,\"duration\":2000,\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-286f3e1d-3289-492a-9bd7-50780a9224bd\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-2f9d2531-3ee7-4bca-b2c0-04f6f8a7cb90\",\"keyframes\":{\"transform\":[\"scale(0.3333333333333333)\",\"scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div id=\"anim-09c0e14b-d73a-4c26-a32c-e5491e8481e3\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-0d512b6e-3377-49c1-823f-823f85810fb1\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120819\/7-6.jpg\" alt=\"Applying For An Education Loan\" srcSet=\"https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120819\/7-6.jpg 720w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120819\/7-6-576x1024.jpg 576w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120819\/7-6-169x300.jpg 169w,https:\/\/cdn.unicreds.com\/blog\/wp-content\/uploads\/2023\/05\/15120819\/7-6-150x267.jpg 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:8.49515%;top:34.95146%;width:83.25243%;height:20.71197%;opacity:1\">\n<div id=\"anim-286f3e1d-3289-492a-9bd7-50780a9224bd\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-2f9d2531-3ee7-4bca-b2c0-04f6f8a7cb90\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.3333333333333333)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5830903790087464% 0.5830903790087464% 0.5830903790087464% 0.5830903790087464% \/ 1.5625% 1.5625% 1.5625% 1.5625%;background-clip:content-box;background-color:#ffee70\" id=\"el-5ea79f29-075c-4023-80dc-e2ba37ba7f53\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.932944606413994% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.517799em;line-height:1.2;text-align:center;padding:1.1661807580174928% 2.3323615160349855%;color:#000000\"><span><span style=\"font-weight: 700\">Know About Abroad Education Loan<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/di2vt7hcm6vs0.cloudfront.net\/site-static\/header\/UniCreds.jpg\"><a href=\"https:\/\/unicreds.com\/abroad-education-loan\" rel=\"\">Click Here<\/a><\/amp-story-page-outlink><\/amp-story-page><\/amp-story><\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mistakes To Be Avoided While Applying For An Education Loan<\/p>\n","protected":false},"author":103,"featured_media":22639,"template":"","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","web_stories_publisher_logo":12573,"web_stories_poster":[],"web_stories_products":[],"footnotes":""},"web_story_category":[],"web_story_tag":[],"class_list":["post-22638","web-story","type-web-story","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mistakes To Be Avoided While Applying For An Education Loan - UniCreds Blog<\/title>\n<meta name=\"description\" content=\"Mistakes To Be Avoided While Applying For An Education Loan\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/unicreds.com\/blog\/web-stories\/mistakes-to-be-avoided-while-applying-for-an-education-loan\/\" 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