Loans

Why is the Klix loan term longer than the interest-free period (Klix Free)?

If you choose one of our Klix Free products, such as Free 6, you have the option of repaying the entire loan in 6 months without paying interest. If you repay the loan in full within the interest-free period, it is automatically closed.

The loan term is longer, giving you the opportunity to successfully cover your loan if you are unable to do so within the interest-free period.

The last page of the loan agreement includes an example on how much to make in monthly payments in order to cover the loan within the interest-free period.

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