Repayment Amount
Your monthly installment includes a portion for repayments. This is how you pay back your debts. The higher the repayment, the faster the loan is paid off. Many banks have a minimum repayment amount of 2% per annum.
Your monthly installment includes a portion for repayments. This is how you pay back your debts. The higher the repayment, the faster the loan is paid off. Many banks have a minimum repayment amount of 2% per annum.