Loan Payments (FAQ)
When do I have to pay back my fastloan?
You fast loan will usually be due on your next payday though some lenders will allow you to extend your due date. This option is not available in all states. When your fast loan is due, you will usually have the following options:
- Pay the loan off in full
- Renew the loan and pay interest and fees only
- Renew the loan and pay interest and part of the principal
What happens if I’m unable to pay back my fastloan?
Contact your fast loan lender immediately. Some lenders allow extensions but this option may not be available in your state. Also remember that you will still need to pay back your original fee on the original due date and then you will need to pay back the principal balance plus a new fee on the new due date. Make sure you request an extension well before your fast loan’s due date.
