What happens if I can't repay my cash advance on time?

If you are unable to repay your cash advance on time, several things may happen. First, late fees or additional charges may be added to the amount you owe. These fees vary depending on the lender and are outlined in your loan agreement. Secondly, your credit score may be negatively affected if the lender reports the late payment to the credit bureaus. This could impact your ability to obtain credit in the future. It's crucial to communicate with your lender if you're facing difficulty making your payment. They may be able to work with you to create a repayment plan or offer an extension. Ignoring your payment obligations can result in legal action and collection efforts by the lender.