How will I repay the loan?

Learn how the repayment process works.

Nicolas CHECK avatar
Written by Nicolas CHECK
Updated over a week ago

Once your project is validated and you accept October's offer, you will sign a contract with a detailed payment plan.

Every month, the repayments will debited from your bank account via SEPA Business to Business Direct Debit. You won't have anything to do apart from signing the SEPA debit order the first time.

Every month, October manages several hundred thousands transaction to debit the different borrowers and credit the accounts of the lenders.

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