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You can receive flexibility to increase your limit should you need extra funds, flexibility to settle earlier without any penalties and the flexibility to make additional payments towards your loan to decrease your instalment amounts. Fixed Interest Rates.
The interest on the personal loan will be fixed at our current rate given at the time of application, for the full term of the loan period. With no unexpected fluctuations in the interest rate, the monthly instalment is always the same, allowing you to plan ahead.
Interest will be charged according to the National Credit Act (NCA), also discussed legit online payday loan sites you, and you will never exceed the maximum allowed by the NCA. The interest rates charged are a variable interest rate that is linked to the Repo Rate which may change from time to time, but you will be informed. Inclusions in my monthly instalments. Cash amount borrowed, interest rates charged, administration fees and insurance.
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