What is an instalment loan?
An instalment loan is like other personal loans in that you can pay it back over an agreed period through regular monthly payments. This usually includes interest too, based on the length of the repayment period and your own financial circumstances.
Instalment loans give you flexibility to choose the amount you want to borrow and the length of your repayments, over a series of months. This way you can pick a time frame that allows you to keep up with the repayments. Just bear in mind that the longer the loan term, the more it will cost overall.
Our loan calculator is here to help you get an idea of what repayments will look like on a month-to-month basis. Adjust the sliders for amount and term to see what works for you.