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    • Standard Variable Loan
    • Basic Variable Loan
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Basic Variable Loan

Basic variable loans typically offer lower interest rates and fewer features than the standard variable loans. You often have the option to pay for any additional feature required. Interest rates and repayments will vary throughout the loan term.

Advantages:

  • Relatively low interest rate.
  • Lower repayments.

Disadvantages:

  • Many of these loans do not have the same features or flexibility as other variable loans.
 

 

MFAA

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