https://insurancenoon.com/great-lakes-student-loan/

What are the subscription conditions and the advantages presented by the loan cover insurance?

A credit commits you and must be repaid. Check your repayment capacity before you commit.

To finance your tuition fees, your experiences abroad, your rent… in short, everything that makes up your student life, Crédit Agricole offers loans at preferential rates (1) .

Dare to carry out your projects!

  • The Student and Apprentice Loan can finance your projects, and you do not need to justify the purpose of the loan;
  • Costs directly related to your studies: registration fees, tuition fees, purchase of school books…;
  • Living expenses: installation, accommodation, transport, capital goods, etc.

Features at your fingertips

We design all our offers to allow you to use them as closely as possible to your needs.

The Crédit Agricole Student Loan therefore also includes the following services and/or options available to you which may be subject to a contract and/or specific pricing.

Subscription

Students or apprentices, from the age of 16, enrolled in an educational establishment recognized by the National Education.

Subscription terms

Within your agency with your adviser.

Type of loan

  • Depreciable personal loan, at a fixed rate, repayable over a fixed term;
  • The loan can be without deferred, or with partial or total deferred.

Amount borrowed

Ask your adviser to find out about the availability and conditions of this offer at your Crédit Agricole Regional Bank.

Repayment period

Ask your adviser to find out about the availability and conditions of this offer at your Crédit Agricole Regional Bank.

Pricing

Ask your adviser to find out about the availability and conditions of this offer at your Crédit Agricole Regional Bank.

Registration fees, accommodation, transport: the note for higher education is often steep. Here are some tips to help you manage your budget and stay calm in all circumstances.

Optional borrower insurance (2)

If you have taken out borrower insurance, you benefit, from the signing of the contract, from Death and Total and Irreversible Loss of Autonomy guarantees for the entire duration of your contract. If one of these hazards should occur, neither you nor your loved ones will have to assume the reimbursement of your loan: it is the insurer who will bear the capital and the interest remaining due.

In the absence of a surety, a state guarantee (3)

If you do not have relatives who can act as guarantors for you, your Regional Bank of Crédit Agricole, as a partner bank, offers student loans guaranteed by the State. This system relies on the “Student Loans” Guarantee Fund endowed by the State, which has entrusted its management to Bpifrance. It is subject to conditions (3) .

IN PRACTICE

Who can subscribe?

Students and/or apprentices who wish to borrow money as part of their Apprenticeship studies. Short or long studies (at university, IUT/BTS, Grandes Ecoles), internships, in France or abroad: no difference! It is the status of apprentice or student that counts.

How to subscribe?

Ask your advisor for availability.

What are the subscription conditions and the advantages presented by the loan cover insurance?

Borrower insurance must be taken out when you apply for your financing.

As part of a subscription by a parent, this can be done:

  • Until the day before the 80th birthday of the insured for Death
  • Until the day before the insured’s 70th birthday for Total and Irreversible Loss of Autonomy

The risks are covered:

  • Until the last day of the month of the insured’s 90th birthday for Death
  • Until the last day of the month of the insured’s 70th birthday for Total and Irreversible Loss of Autonomy,

The insurance is taken out by the parents of minor children or by the adult students/apprentices themselves (from the age of 18).

The insurance contribution is calculated according to the initial capital borrowed and according to your age on the day of membership. It is fixed throughout the warranty period.

The levy on your bank account takes place at the same time as the maturity of the loan.

When does loan cover insurance stop?

Borrower insurance ceases in the event of total prepayment, end of credit or forfeiture of term. It also stops when the age limit for cover indicated in the contract is reached.

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