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What’s the real difference between a linked and a fixed interest rate? Simple! A linked interest rate is linked to the prime lending rate and may go up or down over the term of your finance contract. A fixed interest rate will remain the same no matter what, so your instalments are the same every month. Find out more: https://www.wesbank.co.za/help-centre/new-to-wesbank/fixed-interest-agreements-vs-linked-interest-agreements | WesBank
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