Loan Repayment

Repayments Terms And Conditions

Availability of paycheck advance loans

Paycheck advance loans are now available on web for consumer purpose. To apply for these loans online just requires a few minutes as you just have to make some clicks to avail this cash loan service. Upon approval, the cash is transferred into your bank account. In the same way when the due date arrives the loan is deducted from your account automatically it means you don’t have to go through any hassle to apply for this service or to make the repayment which does not happen in other loan programs.

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Repayment terms and conditions

Paycheck advance Loan Company offers you the best services online through our skilled and competent personnel who will ensure that you get every detail of information that you may need at any time. We are always there for you, whenever you need us. It is important that you assess your ability to repay the loan on the agreed date. If you feel this is not going to be possible, we advise you against taking the loan. As responsible lenders, we feel it is important you go into the process with your eyes wide open. To do this task our Company only requires you to fill in the application form, where you will need to have your debit card details handy. We will only use your card to repay the loan and we need this information as part of your application. If approved we can transfer the cash to your bank account within 15 minutes.

Late payment

If a client has not paid the loan on the agreed repayment date then a missed payment fee of $10 may be added to your account. In addition, you may be charged default interest for the period you are in arrears at the flat contractual rate applying to the agreement and subject to the application of the rate cap. It is in both our interests that the loan is repaid. We will make every effort to contact you and talk through the issues, with the aim of helping you resolve your situation.

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Impact of late payment on credit score

You should also be aware that failing to repay on time might have a negative impact on your credit score as we provide payment performance information to credit reference agencies.

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Online loan repayments

Generally, you can have up to $1000 through paycheck advance service. The payback time of Paycheck Loans is 14 days. If you are unable to make the repayment timely, you can request the lender to extend the repayment period. Because of the high rate of interest of the online Payday Loans, it is recommended to avail this service when you need it urgently.

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