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Do I have to make regular repayments. This is a Just Cash Flow PLC Revolving Credit Facility which is provided with a Credit Limit to be used in connection with the Facility Terms and Conditions.
This is not a 'loan' account and does not have a repayment agreement. The facility is provided for a fixed period and is repayable on demand during this period subject to the Facility Terms and Conditions. The Just Cash Flow PLC Revolving Credit Facility will accrue interest which is applied to the servicing account and is payable weekly as per the Facility Terms and Conditions.
Please refer to the Facility Nedbank personal loan application form and Conditions for full details of interest payments. Is there a minimum monthly repayment amount. This is a Just Cash Flow PLC Revolving Credit Facility which is provided with a Credit Limit to be used in connection with the Facility Terms and Conditions.
Graduated Payment Mortgage: The Graduated Payment Mortgage (GP-MOP) is an alternative loan product under the Mortgage Origination Program (MOP) that results in an initial lower interest rate (Borrower Rate) than the most recently published MOP rate (Standard Rate). The initial Borrower Rate is stated as a percentage below the Standard Rate, subject to a 2. 75 minimum rate. The stated reduction in the Standard Rate is known as the Interest Rate Differential. The Interest Rate Differential is established to decrease annually between 0.
25 to 0.