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Once agreed the interest rate is fixed for the life of your loan. Interest at the rate shown on your loan agreement
will be calculated on the amount of loan outstanding each day and debited to your loan account. Payment
is by monthly Direct Debit. First monthly repayment is due two months after the date the loan has been opened. Once the
loan has been opened you can ask Barclays Bank to change your monthly repayment date to better suit you. This will result
in additional interest being payable.
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