• Tips when choosing a fixed interest loan

    10 May, 2013 | 40 views

    Tips when choosing a fixed interest loan

    • Look for finance that allows extra repayments and redraws
    • Try to think realistically about the type of change that could occur in the short and medium term in your financial and family situation
    • Get an idea of the types of costs you’ll be up for if you need to break the loan
    • Choose a fixed term based on your needs and not just on the lowest rates offered between one, two, three and five year loans

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