Yes! When you take a loan on Tupel you will be able to decide how you'd like to repay, whether in one lump sum on the due date, or in a few equal installments. Moreover, you have the flexibility to amend the number of installments at any time during the loan's lifespan.
For example, if you took a loan of €10,000 with the due date in 90 days you can repay:
- the total amount (€10,000) on the due date
- create up to 3 equal installments of €3,333.33 payable in 30 day intervals
- the whole amount (or any part of the amount) at any time you wish
Tupel offers full flexibility to control the amount you need and the duration you need the amount for. Note also that if you repay early, or repay in installments, the total fee amount is lower than if you repay the full principal on the due date given we charge interest by the day.