Hi there,
You need to pay your loan every month. Banks offer loans at a certain interest rate. And all the banks profit from the money they get as interest. So, when you approach the bank to pay off the debt in one go they will provide you with other schemes as they don't want any loss. So, to answer your question you need to pay a loan every month on a certain date.
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Do I need to pay loan one time or every month?
Suresh
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3 Year
2022-07-14T21:03:31+00:00 2022-07-15T10:59:04+00:00Comment
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