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What happens if I just make my minimum payment?
What happens if I just make my minimum payment?
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Written by Tu Duong
Updated over a week ago

Choosing to make only the minimum payment might prolong the duration for repaying your loan. It's crucial to understand that the remaining balance becomes due on the loan maturity date, signaling the point when the entire loan should be settled. At this stage, your SAPI-linked bank account will be automatically debited for the remaining balance through our automated process.

If you have any questions or need clarification, please don't hesitate to reach out. We're here to ensure you have the information and support you need throughout the process.

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