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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 personal banking services are provided by the direct banking division of CIBC. Banking services not available in Quebec.
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