What happens if I am unable to repay my loan on time?

Asked a year ago
If you find yourself unable to repay your loan on time, it's important to contact Blue Global Media immediately. Depending on your situation, they may be able to work out a flexible repayment plan or offer an extension. However, be aware that late payments may result in additional fees or increased interest rates. In some cases, failure to repay your loan may also negatively impact your credit score or result in collections efforts, such as phone calls or letters from collection agencies. It is essential to communicate with Blue Global Media as soon as possible to discuss your options and find a solution that works for both parties.
Jeff Whelpley is the editor / author responsible for this content.
Answered May 3, 2024

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