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You would have to pay for the loan for its whole tenure.
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You should also find out what happens if you cannot meet the repayment in the required time frame, whether the lender offers some flexibility and more importantly if they do, how much it will cost you.
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It goes without saying then that searching the Internet for the best rate or using a good loan comparison site is well worthwhile and may save you a significant amount of money when making your repayments.
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