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Indeed, every bank regulation time to adjust interest rates in loan contracts vary, typically 3 months, 6 months or 1 year/time. According to many counsellors, the borrower should choose the time to adjust interest rates for as long as possible, in order to help are thrilled because the interest rate fluctuations. Moreover, some banks offer different interest rate schedule, If a duration as short interest rate adjustment, the higher the interest rate.
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