nocturne
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The local banks in my country, offer interest-free loan for the duration of my studies. They will start charging interest after i graduate from University.
Currently, i have saved up some money for the first few semesters and i think i can earn enough to pay off all of it before it graduate. But, since the loan is interest-free, i want to take it and keep my savings in case there is a emergency need for it during the school duration.
Is there any wrong in getting the loan, provided i will be able to pay it way before the interest commences?
Currently, i have saved up some money for the first few semesters and i think i can earn enough to pay off all of it before it graduate. But, since the loan is interest-free, i want to take it and keep my savings in case there is a emergency need for it during the school duration.
Is there any wrong in getting the loan, provided i will be able to pay it way before the interest commences?