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When do I pay back my loan?

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You need to make a payment each month, but you can set up weekly or biweekly payments at any time, although you need to allow 5 or more business days before the due date. There's no prepayment charge for paying off your loan in part or in full, anytime.  

"SIMPLII FINANCIAL" and the SIMPLII FINANCIAL DESIGNS are trademarks of CIBC. "Simplii Financial" is a division of CIBC. Banking services are not available in Quebec.
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