Felicia Posted July 27, 2005 Posted July 27, 2005 Must loan repayments be paid back monthly? Can the amoritization schedule require that they be paid back quarterly?
stephen Posted July 27, 2005 Posted July 27, 2005 Loan repayments must be made at least quarterly. Thus, weekly, every other weekn twice a month, monthly, and quarterly repayments are all ok.
No Name Posted July 27, 2005 Posted July 27, 2005 In addition, check what the loan provisions allow. Some require payroll deduction for repayment.
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