Step Three:
Once you have been approved, your assigned lender will advance you the
cash you need overnight via an electronic transfer to your checking
account. In most cases, upon the due date your payday loan will automatically be refinanced
(extended) and fees due will be debited on your account unless you
contact your assigned lender in writing three business days prior to
the due date to tell them to pay it off or pay it down. Make certain to contact your lender to ensure that you understand all of their policies and procedures. |