Thank you for letting me know about the "quote" I actually didn't know that it's necessary.


Well, I live in the US and the interest rate here starts at 7.5%+ and it goes on from that depending on your credit score. We have signed up with a college in India where students are taking loans at 10% - 15%. 15% usually if they are going overseas for studies. But even in countries like India, the student loan default is super low compared to personal or other mortgage loans.

Yeah. We know our target very well. We will let you know once we publish our beta site.