MBA Financing: Alternatives to traditional MBA loans


Financing your MBA needs lot of research and effort. In this post I would like to share information about alternatives to traditional MBA loans and private vendors. These are called social networking loans or peer to peer loans. (Forbes featured a related article titled "An Alternative To Student Loans." )

Person-to-person lending (also known as peer-to-peer lending and social lending) is, in its broadest sense, the name given to a certain breed of financial transaction (primarily lending & borrowing, though other more complicated transactions can be facilitated) which occurs directly between individuals ("peers") without the intermediation/participation of a traditional financial institution. Organizations which facilitate such loans connect people who want to loan money with people who want to borrow money. Loan rates are usually fair and are fixed for the life of the loan. Here are some sources of P2P lending for your MBA
Lookout for these options when planning your finances for MBA. 

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2 comments:

marina said...

ICICI Fellows is a high profile leadership programme which is now mining for India's most talented students. 25 carefully selected students will receive a distinctive opportunity to work for India's development sector. Over the next few months, our representatives will visit esteemed colleges around the country looking for candidates. For more information on this programme, look out for updates on your college notice boards and log onto www.icicifellows.org?um=1

madbubbles said...

Thanks for the infor Marina. Its a great opportunity for young Indians

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