Actsheet August 2018
the rate may go up or down over the term), plus any fees and charges. While a fixed rate loan offers the benefit of set repayments, if you want to make extra payments from time to time, and pay out the loan early, you may be charged an early termination fee. X: A car loan may be : secured : or: unsecured, depending on whether you put up your car (or other asset) as security for the loan. With a secured … ................
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