Student: A Loan to Cover Extra Expenses Like Rent and Travel

Are you a student struggling to afford rent and travel? LoanWave can help! We’re a loan company dead set on helping people like you afford everyday expenses at a low cost. We know that being a student is really, really tough, with rising food prices and inflation overall. It may seem as if the prices of essentials won’t stop climbing. Not to worry – Loan Wave is the helping hand you need. We’ll help you cover day-to-day costs with loan interest rates tailored to your circumstances, ensuring your loan is cost-effective and repayable.

Our team of personal loan experts will clearly set out the terms and conditions of your loan, explaining how repayment dates work, what your repayments are, how much you can expect to pay in interest and any applicable fees. We’re here to answer any questions – Loan Wave knows that in your early 20s, or even 30s, the world of consumer finance can be daunting. We’ll help you understand all the jargon in your loan agreement, so you know exactly what to expect when taking out finance from Loan Wave.

Loan Wave is the shoulder you can lean on in tough times, helping you afford extra expenses like rent and travel when the going gets tough. Having a limited budget and capacity can make managing your finances hard. Let us pave the way to academic excellence and improve your life.

How Do Student Loans Work?

Loans to cover extra expenses like rent and travel differ from student loans in that they’re personal loans. These are loans you take out with no defined purpose, meaning you can use them for any student expense, including textbooks, groceries, going out, and petrol. Personal loans have lower interest rates than credit cards and store cards because they’re not revolving credit. Instead, they’re instalment credit.

Instalment credit is a sort of credit you pay back in chunks – instalments – over time.

How Can You Apply for Extra Student Finance?

First, we’ll pull a copy of your credit report and assess your other credit commitments to ensure you can afford your chosen loan amount. If you have too much other credit, we can’t award you with a loan, as we can only grant you a loan if you can repay it in full and on time. If you can’t, we’ll be lending you money recklessly, which is a criminal offence.

Then, we’ll draw up an agreement personalised to your circumstances with fair interest rates and minimal fees. This way, you’ll be able to repay the loan on your terms with adequate repayment flexibility. We don’t want you to have too much debt, as this can be debilitating in the long run.

To start your application, fill out our quick and easy application form. This will ask you for your current debts, income and expenses. We’ll also request your contact details and permission to pull a copy of your credit report using a third party. Then, we’ll help you choose the right loan.

Choose Loan Wave

As an authorised lender, we work hard to ensure we keep interest rates low and fees minimal. We understand that everyone goes through tough times, and we’re passionate about being a helping hand in times. Of need. To start your application and get a loan for rent, travel, and other student expenses, apply with Loan Wave today. We’re excited to help you achieve your next best loan.