a Choose to repay the loan over a longer period than the duration shown in this agreement. The maximum repayment period you can choose is:
If, when you originally applied for the loan, you chose to defer the first repayment date to the following month
i the period ending on the date which is:
1 for a monthly instalment loan - 11 months after your first scheduled repayment date (for example, if the first scheduled repayment date is 5 April, the loan can be extended to end on 5 March in the following year); or
2 for a weekly instalment loan - 51 weeks after your first scheduled repayment date; or
In all other cases
ii 365 days (or 366 if it is a leap year and the loan period includes 29 February) beginning with the date of this agreement.
If you do decide to take longer, the amount of each weekly or monthly repayment will be less but the total cost of the loan will be more. This option is not available if you have already made a partial early repayment.
b Choose to re-schedule a single repayment, so long as it is not the first repayment, so that payment of the re-scheduled repayment and any additional interest that results from the re-scheduling is spread over the remaining repayments. This option may be used once in any rolling four month period and not more than twice in total.
c Change your repayment date once in any rolling 4 month period and not more than twice in total. Your original repayment schedule will be modified so that your remaining scheduled repayment dates will be the same as if you had selected your new repayment date at the beginning of the loan. If you choose to re-schedule a repayment or to change your repayment date, you will not be able to exercise that option for the following 4 months or exercise the other option until you have made the next scheduled repayment.