format_quote Originally Posted by
AnonymousGender
Yes. If by any chance I can't manage to pay it off while I am in school and of course the interest comes after I am done with school and at that time I pay off only what I took and don't pay the interest whatsoever. Is that haram since I didn't plan to pay the interest and I didn't pay the interest.
Hmmm.. I don't think I'm qualified to answer that question. Good one.
My opinion is I don't think it's a good idea because if you don't pay it off before you're done with school and then the interest comes into effect and you just refuse to pay that part, then that will damage your credit.
However, if you take the loan and fully intend on paying it back before you end school... then that's a different story.