Overview

You can change the amount of your personal loan or home loan repayments provided the amount is greater than or equal to your minimum loan repayment amount. For example, if your minimum monthly repayment is $500, you can change the repayment to $500 or more.

Your “Direct loan payment” is the amount paid to your loan and can be your minimum loan repayment amount or more, if you’ve chosen to pay more than the minimum loan repayment amount. For example your minimum monthly repayment is $500 but you’ve chosen to pay $1,000 per month and so your direct loan payment is $1,000.

Some things to know about managing your loan repayments.

You can manage your loan repayments several ways.

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FAQs

See also