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star star star star_border star_border Harry My new interest level is increased than my earlier loan interest charge, even though I built all my earlier loan payments punctually.

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The typical installment loan phrase is just one to 6 months. However, you’ll obtain lenders that offer prolonged terms of nearly a yr or more time.

At MaxLend, we provide flexible repayment solutions which could assistance minimize the general Price tag of one's loan. Along with your consistently scheduled payments, you've two more options: (1) You may pay back the loan early with no prepayment penalties, which is able to conserve website you on curiosity, or (two) you can also make additional payments toward the principal harmony, which can also lessen fascination and shorten the lifetime of the loan. This information and facts is also located in your loan paperwork.

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