Articles & guides
Guides, tips, and plain-English explainers about the Android apps we publish — written to be practical and easy to follow.
The Co-applicant on an Indian Education Loan: Role, Liability and Income Proof
A co-applicant on an education loan is a joint borrower who is fully liable for the whole debt from the day it is disbursed, not a…
The Paperwork Mistakes That Most Often Sink a PSLF Application
Most PSLF applications fail on paperwork rather than on public service: the wrong loan type, a repayment plan that never counted, a form…
How to Fix a Student Loan Billing Error or a Misapplied Payment
Fix a student loan billing error by disputing it in writing with your servicer, loan by loan, with the bank record of the payment attached…
An Education Loan for Studying Abroad: What Borrowers Usually Do Not Realise
A loan for an overseas course is sanctioned in rupees but spent in a foreign currency, released in tranches against invoices rather than in…
PSLF Payment Counts: How to Track Them and Why a Payment Does Not Count
Your PSLF count is the number of separate monthly payments that passed five tests at once: eligible loan, eligible repayment plan…
How to Set Up Student Loan Autopay, and the Traps to Avoid
Setting up auto debit on a federal student loan means authorising your servicer to take the amount due from your bank account each month…
NBFC or Bank Education Loan in India: What Actually Differs?
An NBFC education loan is usually quicker to sanction, more willing to fund the full cost of an expensive overseas course and more flexible…
PSLF Employment Certification: How It Works and When to File It
Employment certification for PSLF means filing a PSLF form that an authorised official at your employer signs, confirming your dates of…
What Happens When Your Student Loan Is Transferred to a New Servicer?
When a federal student loan is transferred to a new servicer, the loan does not change: the balance, the interest rate, the repayment plan…
Section 80E: How Tax Relief on Education Loan Interest Really Works
Section 80E lets you deduct the whole of the interest paid on a qualifying education loan, with no upper limit, but only the interest and…
Education Loan Collateral and Margin Money: What the Bank Expects You to Bring
Margin money is the share of the course cost the bank will not fund, so you contribute it yourself, usually in proportion to each…
Education Loan Moratorium Interest: What It Adds, and What Capitalisation Costs
Interest on an Indian education loan starts on the first disbursement, not on graduation day, and a moratorium postpones the instalment…