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Each loan company is unique, but, best practice for personal loans are flexible repayment terms of up to 60 months. Most lenders give you the choice to re-use all the money that has been paid back at the loan.
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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.