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How long can I take to repay a holiday Loan?


Since a holiday loan is usually a short-term loan, the usual repayment terms for such a loan are three years or less. Most people try to repay the loan within a year allowing them to take vacations each year. For others, it could be a once in a lifetime vacation, so they could have lower payments over a longer period of time. The main thing to remember is that the longer you take to pay off a loan, the more interest you pay.

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