Paying off your short term loan
Paying of your short term loan is simple and ensures that you can always come back when you need help. Normally your due date to pay of your short term loan is determined at the time that you submit your application. The due date usually falls with in the first 3 days of your next pay check period. Each state has different laws and regulations concerning pay due dates. We recommend that you check and familiarize yourself with your States rules regarding short term loans. Paying of your short term loan is usually handled automatically and requires no additional effort on your part. When you apply online for your short term loan we will ask you some basic questions. This information is gathered and based on that information a given pay due date is provided to you for your records. When the agreed upon date arrives monies are typically withdrawn from your account as an automatic debit on the previously agreed upon date that was provided to you when you application was approved. If you are unable to pay off your short term loan on the agreed upon date please contact us as soon as possible. Depending on your situation and you history with us you might be eligible for a small extension or you might be able to take advantage of a few of the payment options that we make available. Currently, if authorized, you can either; A.) Pay the short term loan in full on the due date that was provided in your short term loan agreement. B.) Pay a portion of the principal and the total amount of the finance fees of your short term loan as opposed to the full amount. or C.) Paying only the finance fees associated with your short term loan. Did you know that our short term loans, also known as pay day loans, are now one of the most scrutinized and heavily regulated service businesses in both the United States and Canada. This type of scrutiny and regulation ensures your protection and safety. It protects you from greedy vendors who act more like loan sharks than legitimate businesses. These regulations protect you from price gouging and outrageous interest rates. Unsecured short term loans have been revised and updated and improved to provide you, the consumer, with needed cash on a short term basis. Being as heavily regulated as they are means unsecured loans are safe, secure and confidential. As you can see there are multiple rules and regulations on the books that protect you and ensure that your unsecured loan is safe, secure, and not designed to keep you in the vicious cycle of debt. Our short term loans have clear and transparent loan terms fully disclosed to you. These fees are fixed and subject to regulations which prevent the changing or the increasing of fees and interest rates, unlike credit cards and certain types of Lines of Credit. These terms and fees are presented to you before you finalize your loan letting you back out if you want to. Most of these short term loan payment options can be done offered to you can be paid on or before the due date. The most important thing to remember is to contact us if there is any kind of a problem. Secure Cash Loans is here to help.
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