Likewise, dont borrow more than you can afford to pay back. Pay Back Promptly. Work out a schedule with payments that you can afford and be conscientious about making those payments on time. Include Interest.
Loaning money isnt free. When a friend lends you 200, thats 200 they no longer have in their bank account. So its only fair to pay them back at least as much interest as they would have earned by leaving that money in the bank. Put It in Writing.
Please keep in mind that under no circumstances whatsoever are you ever obligated to accept any offer that you may receive. Implications of non-payment. When you accept a particular loan offers terms and conditions, you are formally agreeing to pay back the loan principal amount and finance charges in the period of time specified in your loan documents. Additional charges may apply if you are not able to pay back your loan completely or if you make a payment that is late.
Cash Now is unable to predict the fees or charges that you will incur due to partial payment, nonpayment or late payment. Furthermore, Cash Now has no control at all over knowledge of the loan details between your lender and you.
You are urged to read and understand the terms of any loan offered by any lender, whether tribal or state-licensed, and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to you.
The purpose of shorter duration loans is to provide the borrower temporary financial relief. Such loans are not a long-term financial solution. Persons facing serious financial difficulties should consider other alternatives or should seek out professional financial advice. This website is not an offer to lend. WhiteRockLoans. com is not a lender and does not make loan or credit decisions.