If you cannot pay the lender the money you owe, you borrow the money for two more weeks. This is called a rollover, or rolling over the loan.
To roll over the loan, you pay another fee. If you roll over the loan a few times, you will pay a lot to borrow the money. It becomes harder to get back to where you started. For Example. You borrow 500. You pay a 75 fee to get the money. But in two weeks you cannot repay the loan. You pay another 75 to roll over the loan.
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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 hard money loans las vegas nv afford to repay or that includes citi simplicity cash advance rate that are not acceptable to you. Late Payments Hurt Your Credit Score. Please be aware that missing a payment or making a late payment can negatively impact your credit score.
To protect yourself and your credit history, make sure you only accept loan terms that you can afford to repay.
I spent days trying to find the company's physical location, without success. And when I tried to call back the people who had offered me loans, I couldn't get through. But eventually, I did find someone willing to talk about the business. Jack Murray heads Fix Media Group, in Virginia, which has a site called wefixmoney. com. Murray says his company - not unlike eTaxLoan - is really a marketing firm.
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