想問下關於不同o既Loan有什麼分別？

Term Loan.

The loan with a fixed repayment term, such as 12 months or xx months. Interest is compromised, sometimes is a fixed interest rate and sometimes is using Prime / HIBOR + / - a percentage. The monthly repayment amount is then come out as the agreed repayment period is fixed.

Revolving Loan.

The loan do not have a fixed repayment term, usually there is a fixed monthly repayment requirement (x% of the outstanding balance) so as to keep the loan as active. Interest rate can be either one of the abovementioned but usually a fixed rate will be used for consumer.