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When we later went to university he to study accounting, me to study IT he would always come to me with business opportunities. One day he asked if I wanted to be a pawnbroker and second-hand dealer.
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You should check your loan agreement for your lender's policy on automatic loan renewal prior to e-signing it. If your loan is renewed, there will be additional charges as determined by your lender, and the minimum term can be set up.
Your lender may offer you other options in addition to renewal, including the ability to repay your loan in full at a later date or repay your loan over time in a series of installments.
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