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Is a CISA the same as a loan?
Is a CISA the same as a loan?
William Stringer avatar
Written by William Stringer
Updated over 4 years ago

No.

There are key differences between a loan and a CISA.

A CISA does not accrue interest. Payments are based on income levels.

A CISA does not have a contractual amount that is due. There is a maximum amount that can be repaid, but in certain circumstances you may pay back less than you receive.

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