Avida Finance offers durations between 1-15 years (12-180 months). You can choose your preferred duration when filling out the application. Depending on the assessment of the application as a whole, the duration might be adjusted before we send you a possible offer.
Worth considering
A longer duration means a lower total monthly payment. However, it also means that in the beginning of your duration you will pay a higher amount of interest and a lower amount of amortization. We recommend that you consider what aspect is most suited to your financial situation before sending in your application. The lowest possible monthly payment or paying off your loan as quickly as possible?
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