If you cannot make a payment on time, you should contact your lender immediately and discuss how to handle late payments. 2 month payday loans online. We commit to connecting you with an approved lender. We also made the process simple. No need to visit hundreds of websites and fill out numerous paperwork. The Need for Speed.
The majority of the lenders in our network do not intend to sell your debt to outside collection agencies. Instead, they will attempt to citibank personal loans application status the debt in-house via telephone, email, postal mail or even text message.
Similarly, they will not threaten criminal charges or sue borrowers; they will generally offer debt settlements over time instead. Every lender in our network is required to adhere to the Fair Debt Collection Practices Act, which protects consumers from being abused or harassed by debt collectors.
Lenders are within their rights to report your failure to repay a loan to one or all of the major credit reporting agencies - Experian, Equifax and Transunion. This negative record can be reflected on your credit history indefinitely until the loan is repaid in full. After the lenders receive payment in full, they can report it to the credit reporting agencies.
We remind that late payment or non-payment of your loan can have negative impact on your credit history. Some of the lenders in our network may automatically renew your short term loan if it becomes past due.
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