Term of Loan. If you fail to pay one or more installments in full but otherwise are paying on time, the Lender, at its absolute discretion may add the unpaid amount to the loan thus extending the term and varying the final payment or payments. The Lender may, but is not bound to, do this more than once.
Appears in 7 contracts
Samples: Credit and Security Contract, Credit and Security Contract, vehiclesalesfinance.co.nz
