This loan starts with a six month repayment break. A simple method of budgeting for any other short term payment needs.The first monthly repayment is not due until 6 months after the start of the loan.
Customer Loyalty Rewards
This loan returns 20% of the interest back in cash if the loan is not settled earlier than 10 years or you do not fall into arrears by more than 30 days. If payment protection cover is required, you would be refunded the value of the premium if no claim is made during the 10 years. A great loan for customers that remain loyal to their lender.
Cashback on Payment Protection Cover
Most loans are available with full Life, Accident, Sickness and Unemployment insurance cover. Some loans also offer the additional benefit of a cash refund of the protection premium, as long as you do not submit a claim and have completed all monthly repayments when due. As well as 100% of the insurance premium you would also receive the interest value paid on it.
