When will I be charged my first monthly instalment?

When will I be charged my first monthly instalment?

During the cycle in which the Fixed Payment Option is set up, you will be charged an initial interest charge on the main Fixed Payment Option balance. Subsequent cycles will have an instalment for each month of the term. Interest will be charged on Fixed Payment Option from when the Fixed Payment Option is created until it is cancelled or repaid in full.

Ben Ferguson
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