You pretty sure can, and also you will not be re re re charged any punishment or charges for performing that. We encourage our clients to cover back once again their particular loans as quickly as they could!
What the results are if we skip a repayment?
From the very very first dishonoured re payment, we will give you a text message alerting you to definitely a missed payment. In the event that you e mail us instantly while making a handbook payment, you will not bear any standard costs.
By text message, phone, and email if you don’t reply to the text message, we’ll continue to try to contact you.
- Day 1 – 2: give you a text message alerting you to definitely a payment that is missed you to definitely e mail us.
- Day 3 – 4: Also try to contact you by phone and mail.
- Day 5: we are going to increase your loan arrangement for the pay period that is additional.
When we stretch your loan term, you will have to spend the attention for the extra pay period/s. Take a good look at our Costs web web page to know the charges, interest and prices for an extension and also the dishonoured repayment cost.
What goes on if we stop payment of my no-cost loan?
Our staff will try to get in touch with you to definitely talk about your position and try to help you in any means feasible.
- 1: Attempt to contact you by email, phone, and text week.
- Few days 2: try to get in touch with you using your contacts that are alternative work (if relevant).
- Few days https://installmentloansgroup.com/payday-loans-wi/ 3: industry officer see – delivered to your house or office.
- Few days 4 onwards: continue steadily to try contact before the loan hits ‘under collection’ condition. This takes place when the interest and charges are add up to the loan price. When the loan is put under collection, your debt is detailed having a exterior commercial collection company agency.
Express Loan FAQs