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N There are various tax thresholds and circumstances that determine when a loan is taxable and what portion of a loan is taxable. N The maximum non-taxable loan amount will be less for a refinanced loan Loan Type 3 than for a multiple loan Loan Type 2 unless the entire amount of the refinanced loan is non-taxable. Loan Type 2 This is called a multiple loan. Check here if you already have a loan with us and want to take another loan. The single repayment amount for multiple loans is higher...
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