I fully agree with your advice setting out various options for repayment of loan. Loan is generally given by the Lending Bank against Credit Card. When the Banks are doubly benefitted (1) by way of loan interest and (2) Credit payment.
If you make transactions against credit card, the total amount outstanding is shown adding EMIs. Unfortunately if there is delay in making payment and roll over payments against credit card transactions, the lending Bank charges the interest on total outstanding, late fee, etc. also on the EMI whereas two accounts are different and payment date should be different & separate bills should be raised. Whereas the Banks take it as one account, for the obvious reason of extracting more and more payments from the borrowers by way of interests and late charges, late fee, etc.). Is their system of charging of innterest and other charges fair & genuine.
