In some cases, you may need to have money in a bank account to borrow student loans. However, it will be different for each person.
with great difficulty
You need $50 to open a student account at ay Chase bank worldwide.
Rushcards are pre-paid cards, only the money that is loaded onto it, can be spent. You can't borrow money using it.
No, you cannot deposit money into a credit card account. Credit cards are used to borrow money from the card issuer, not to deposit funds like a bank account.
Do you never return what you borrow?
In certain savings account plans they have rates of interest and the more you keep your money in there, the more money you get. This is so because they borrow your money temporarily to lend others but you still have credit for that money. So you will still have your money, but the bank will give you an interest for letting them borrow your money.
yes
A student bank account offers the student loans and overdrafts with either no interest or at a lower interest than a non-student requiring a loan or overdraft. The purpose takes into account that a student will be earning lower amounts of money than a person who is in full time employment.
the bank
The process of paying a bank to let you borrow money is called "interest."
The purpose of student bank accounts are to receive money easily and efficiently from scholarships, grants, and loans. Also, in the future you can pay back loans easily with a student bank account.
The person who borrow money.