Each draw on a line of credit has its own fixed repayment schedule, so a line of credit with a series of outstanding draws behaves like a collection of term loans. (valuepenguin.com)
Remember, if you selected either an interest ‐ only or fixed repayment option, you'll make payments while in school. (salliemae.com)
Personal loans also come with fixed repayment terms, including interest rates and loan length. (personalloans.org)