Are there repayment methods other than fixed monthly payments?
Yes. A regular monthly income makes repayments easy and allows you to plan your budget. However, you may have an irregular income and be unable to budget for a fixed monthly repayment, or you may require a standby facility for use only when you need it. In these cases, you can choose a loan with flexible repayment options, such as a revolving loan or an overdraft facility.
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