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Why do I have to get a new loan?
Why do I have to get a new loan?

Top up, topping up your loan

Monisha Begum avatar
Written by Monisha Begum
Updated over 4 years ago

We combine your original loan amount and the Top Up amount to create a new loan because topping up changes the terms of your original loan contract. If you accept your loan terms the additional funds are deposited in your nominated bank account, or in the case of a debt consolidation loan the funds are paid directly to the debtor (that's right - we take care of that for you).

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