These have a set repayment date and range from 3 months to 5 years. (excelcapmanagement.com)
Besides the discount you can enjoy, automatic payments make life easier as you don't need to remember your loan repayment dates. (myfinancekits.com)
Most college - goers take on as many as 5 loans, each of which can have different interest rates and different repayment dates. (badcreditloanservices.com)