month the residents of Renfrewshire who have taken loans will
have to make a fixed monthly payment. The customer cannot
make an overpayment because this will mean calculating the
interest every month on the remaining balance of the loan.
It will be advisable to decide the monthly repayment for the
loan with perfect knowledge of the financial capabilities.
CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A
MORTGAGE OR ANY OTHER DEBT SECURED ON IT
A fee between 0% and 10% of the loan may be charged on some plans
depending on credit history and ability to prove income.
Example: Loan of £15,000: 120 monthly repayments of £204.66,
Loans secured on residential property.