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The length of your repayment period will be up to ten years.
They may even give you a longer repayment period.
"The longer the repayment period extends, the more interest is charged on the loan."
Friends and family may agree to a longer repayment period or lower return on their investment than formal lenders.
Depending on the balance due, the repayment period may extend up to 30 years.
After the change, the borrower's repayment period will be a maximum of 25 years.
But in fact the average repayment period chosen varied markedly.
Our loan repayment periods are something 12-13 years which is one of the longest in Europe.
Mexico was allowed a 20-year repayment period at 13/16ths of 1 percent over the London interbank-offered rate.
By choosing a longer repayment period, the monthly payment can be reduced.
Moreover, China would be entering the peak repayment period for foreign debts.
Loan interest rates have fallen from over 20% in recent years, but they remain high and repayment periods are short.
It said bondholders had indicated they might extend the repayment period for 18 months.
But the program also provides other favorable terms, like long repayment periods, that are often not available to small businesses.
The repayment period based on this recalculated payment amount may be more than 10 years.
The subsidy directly passed on to the client is usually in the form of a risk guarantee and/or a longer repayment period.
The extension included greater flexibility in the payment amounts during the early repayment period.
The repayment period was extended from seven to 15 years and the interest rate was lowered to 3.5%.
Some carriers are pushing for tight restrictions on the loans and a short repayment period.
A spokesman for the bank acknowledged that it might have to stretch out the repayment period, particularly with Indonesia.
But creditors demanded a shorter repayment period, higher interest rates and payment guarantees.
Loans, plus interest related to inflation rate and repayment period, are repayable after graduation.
A higher interest rate equal to that on one-year Treasury bills is covered for exports with a 10-year repayment period.
Interest rates are fixed, currently at 6 per cent, for the duration of the loan with the maximum repayment period being five years.
Perkins Loans generally have a lower interest rate but have a less flexible repayment period of 10 years.