Do you have to pay back the ERC loan?
I received an ERC loan and I'm wondering if I have to pay it back. I'm not sure about the repayment terms or if there are any specific conditions I should be aware of regarding this loan.
Can you pay a Prosper loan off early?
I'm curious about the options I have when it comes to repaying a Prosper loan. Specifically, I'm wondering if it's possible to pay off my loan early. Is this something that Prosper allows? If so, are there any penalties or fees associated with early repayment? Additionally, would paying off my loan early have any positive or negative impacts on my credit score? I'd appreciate any insight you can provide on this topic.
What is a fixed monthly payment?
Could you please elaborate on the concept of a fixed monthly payment? Is it a type of financial obligation that remains constant each month, regardless of other factors? How does it differ from a variable payment, and what are some examples of financial products that involve fixed monthly payments? Additionally, are there any benefits or drawbacks associated with this type of payment arrangement?