The lower interest rate the better. Collection Method Depending on your agreement collections will be made via debit orderstop orderpayroll deduction over a repayment period of 12-72 months, unless otherwise specified.
Legal Implications of none payment Full amount payable may become immediately payable -Could lead to a bad credit record if reported. -Your loan could be cancelled with a chance of a judgement. -You will be responsible for the lawyers costs Ensure that you do not fall into this category.
Ensure that you discuss your loan options in order to find a risk free and financially viable option.
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