When should you make the first payment?
Unfortunately, there is no single answer to this question. The preferential stage of student loans in the Philippines varies depending on the lender you choose. For example, in one case, you will need to make the 1st payment immediately after the receipt of funds. Otherwise, you will be able to arrange for this to happen after you complete secondary school (college). All these factors must be specified in the contract or credit agreement. In any case, if you take an individual loan in Cebu or any other metropolitan area, check the contract twice before ordering a loan. This way, you will avoid all possible problems in the future.