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Online Loan Calculator
One of the most important things you need to know before applying for a loan is to see how much your loan repayments will be.
This is so that you can see what size of loan you can afford to take out.
It is also important to calculate how much interest you will pay over the period of the loan & how much interest is being charged each month.
The percentage interest charged for your loan will obviously vary according to the term of the loan & the interest being charged by that particular lender - interest could vary from lender to lender.
In fact so called "loan sharks" charge exhorbitant rates of interest which often makes repaying the loan totally unaffordable & leaves the loan applicant in an even more dire financial situation.
It is always important to check the interest & loan repayment amounts before signing any agreement & to only accept a loan from a reputable lender.
To calculate your interest & repayments for any loan amount, just copy & paste the following link into your web browser;
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