PAYMENTWhat will my loan payment be?How long will it take to repay?At ABACUS FINANCE we discuss the options with you for the payment of your loan.• YOU MAY WANT TO WORK WITH A WEEKLY AMOUNT that you know you can afford, for example $25 a week.
• Or YOU MAY WANT TO FINISH WITHIN A PARTICULAR TIME FRAME, such as 6 months or up to 3 years. We work with you to set the loan at a level that works for you - what fits in your budget and what allows you to still maintain a comfortable lifestyle. Plus, it is better for everyone if you start off with an amount that is sustainable. We work directly with you to tailor the amount to fit your budget and lifestyle. We all like to know what a loan is going to cost, and if we can afford it, so we talk to you, and set it up the best way for you. Extra & Early RepaymentsWe believe it is a good thing if you want to repay early or add extra money in during the term of your loan.You don't have to, but if you choose to that is okay. We don't want to discourage you from making financial progress, after all, borrowing money is supposed to be a "step in the right direction". So at ABACUS FINANCE there are no penalties or extra charges for paying extra, or for repaying the loan early.
TAILORING THE REPAYMENTS...YOUR BUDGET, YOUR LIFESTYLE!
Now that you understand about Loan Payment, have a look at how we assess Your Income
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