Some lenders will allow a break between the date you draw your loan and when the first payment is due. As standard you will usually make your first repayment one month after your loan is paid into your account however in some instances your lender will offer you a break of two or even three months before your first repayment is due. Alternatively your loan provider may offer you a repayment holiday during the course of your loan where you don’t have to make a monthly repayment. Whilst both these options can help to ease your cash flow, the downside is that interest continues to be charged and in the long run will end up costing you more.