Got questions about Loansolutions.ph? you're in the right place!
Will the repayments increase during the term?
It depends on the approving bank if they offer you fix or flexible term. If it’s a fix term then you don’t have to worry but if it’s a flexible term, there is a good and bad effect. The good is that you can negotiate to pay earlier and lower your interest or they can increase the rates when you request for an extended term or when their policies change.