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These conditions and terms describe the eligibility and policies for the attention price decrease from the interest-only payment choice. “You” is the client. “We” identifies Discover Bank.
Note: you are also eligible for the Auto Debit Reward if you choose an in-school repayment loan option during the application process. You can easily have the Auto Debit Reward, while enrolled in the Auto Debit payment system for the agreed in-school repayment amount through the in-school and grace periods. Whole interest and principal payments may be debited whenever loan gets in the Repayment Period, as defined within the Promissory Note. See Auto Debit Reward conditions and terms below for eligibility and enrollment information.
Interest-Only Repayment Choice Rate Of Interest Discount
You will definitely get mortgage loan discount (0.35%) if, throughout the application procedure, you selected the interest-only payment choice and work out interest-only re re payments through the in-school and elegance periods. Read More »