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Glossary: Flexible finance

Flexible finance is a type of financing that gives customers the ability to adjust the terms and conditions of their loan or credit, such as the repayment period or interest rate.

Flexible finance is a financing option allowing customers to make purchases and spread the cost, with the ability to adjust the financing terms to suit their needs or circumstances. Flexible finance options may let consumers choose the length of the repayment period, the number of their payments or the frequency, depending on the specific terms of the financing option. Flexible finance is also regarded as alternative financing to traditional lending forms, such as credit cards and loans.

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