Sketchway School fees loan

Are you stuck with Children at home, come to Sketchway for a School fees loan and take your children back to School.

Terms and Conditions

• Maximum Amount: As per school fees structure
• Maximum Period: 3 months
  Interest Rate: 10% reducing balance
• Collateral needed include;
  a) Land title
  b) Car log books
  c) Guarantors Needed: 2 guarantors and preferably one should be a spouse
• Security Evaluation: search on both land title and car log book to be done at the cost of the loan applicant
• Evidence of the Pupil’s/Student’s report, bank slip, admission letter for university students, students’ card is a MUST.

NOTE:

Before you decide to borrow money – whether it is to pay the bills or buy a luxury item – make sure you understand the loan agreement fully. Know what type of loan you’re receiving and whether it is tied to any collateral you own.

Agree with the lender on your repayment terms/plan: what your monthly obligation will be; how long you have to repay the loan; and the consequences of missing a payment. If any part of the agreement is unclear to you, don’t hesitate to ask for clarifications or adjustments.

Finally, be sure the loan repayments fit comfortably in your budget