This is the time after the draw period ends. This period of time will vary depending on the balance at the time of the last advance before the draw period ends. Payments are required to be made during both the draw period and repayment periods, however, the borrower will not be allowed to continue to draw on the account once the repayment period has begun.
What is the loan repayment period? Print
Modified on: Thu, Nov 7, 2019 at 1:34 AM
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