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

Asked 6 months ago
If you are unable to repay your loan on time, CashNet USA understands that unexpected financial circumstances can arise. It is crucial to reach out to our customer service team immediately to discuss your situation and explore potential options. In such cases, you may be eligible for an extension or payment plan to help you manage the repayment process. However, it is essential to keep in mind that additional fees and interest may apply. CashNet USA aims to work with borrowers to find a suitable solution and ensure a positive lending experience. Delaying repayment without prior communication can lead to negative consequences, such as increased fees, damaged credit scores, or collections actions. Being proactive and engaging in open communication will help us find the best resolution for you.
Jeff Whelpley is the editor / author responsible for this content.
Answered Nov 1, 2023

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