Credila Education Loan — Called me and APPROVED my LOAN but rejected it after 5 minutes

I got an admit for one of the prestigious college of Bangalore. I submitted all my papers and completed all the formalities for a NON COLLATERAL LOAN. The guy from the Credila office called me and told that my loan is accepted. But immediately after 5 minutes called my father who was a co-obligant and rejected the loan without any valid reason. All my papers were as according to their terms and condition. I was not able to pay the fees. Will never advice anyone to contact credila.
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