LOAN EXTENSIONS
If you are an existing client and need more time to repay your loan due to a short-term issue, please apply below for an extension of an additional month. However, if your request to extend is based upon permanent financial difficulty you should contact us to discuss the matter as we may be able to help you.
On your agreed repayment date you will be required to make a minimum payment of the interest for this month plus a £25 extension fee. You will also be required to make an additional part payment of at least 30% of the loan amount to reduce both the outstanding capital of the loan and any future interest charges.
However, we would always suggest that you repay your loan in full rather than extending as it will ultimately cost you more to extend.
Applications must be made at least one working day prior to your agreed repayment date as any received after this time may be declined and repayment in full will therefore be due.