Over the last few years, flexible loans have become quite a popular way to get finance. The idea is that each month you pay back what you can afford, and there is no specified duration for when the full amount is to be paid back. Some flexible loans will even allow you to withdraw some of what you have repayed. There is however a minimum monthly repayment which should be made each month. This type of loan is recommended if you are self employed and your income varies from month to month.
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