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Martina Smith

Member Since March 2018

unchanging rate loan are loans where interest rates remain steady throughout the loan period, while floating rate loans means rate are related to government schemes, market situation and will change periodically. The definite rates are regularly linked to the base rate, inflation or other parameters. Every banks or funding company will have its own selection method to fix this base rate. These rates have to be declared at each quarter. http://www.textaloan.org.uk/

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