What Happens if I cannot pay my Payday Loan on time?
If you do not have money to make the payment on time for your cash advance then we can have an extension arranged at an extra fee to you. This is a much better solution than receiving a $20 NSF from your bank and having your account charged. Please note that you will need to contact your lender two days before your payment is required so the extension arrangement can be made. Failure to contact your lender will result in fees from both the lender and your bank. Also note that the funds for the payment must be available in your bank account. When the lenders goes to obtain these funds they are taken from your bank account via a check. So even if you have the money in hand it needs to be in your checking account so the funds can be obtained.
Do I need to pay any fees the first time if I get an extension?
Yes you will be required to make a payment for your finance fees even if you request an extension. Please make sure when getting a loan that you will have the funds available to make the payment on time. To avoid a situation where you cannot pay back your in time, we recommend that you check out our payday advance tips to find out how to use a cash advance properly.