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Home Help Center Installment Loan Interest Rates and Terms Question
The repayment of the installment loan is made in constant monthly installments over the entire term of the loan, although the first and last loan installments may vary slightly. For example, the loan installments will be due on the first, 15th, or 30th of each month, as agreed, and will be debited from the named account by the issuing institution by direct debit.
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