The claim came easily, but its repayment in time, due to unexpected expenses, became impossible? You can decide to extend the loan. Where does this solution seem to be the lowest? Further illustration at rnsquared.com
Why is it worth prolonging the loan before the deadline
In this way, we give personally an additional time for a loan breakthrough, which in the first place protects us from prompts, requests for payment or handing over a debt case to the debt collection company. Although the extension of the loan is payable, this one-off expense increases our chances that we will be able to transfer money over an extended period of time. As a debtor, we do not have to count on another loan in a legally operating non-banking company, and to a greater extent a cash loan in the bank.
When to extend the repayment period
Renewing the loan will be useful if, for example, the boss informed us about the delay in payment or when the finances to pay off the debt had to be spent on the extra need. The desire to extend the time to repay the loan must be reported before the expiry of the refund period indicated at the contract. Usually, it is enough to make a transfer for an appropriate amount, and in its contents indicate the purpose of the payment and the period for which we pay. Most often, non-bank companies offer 7, 14 or 30 days to give the loan.
The cheapest extension in hypocredit and Viamobile
We have analyzed the costs of extending the loan among the leading companies operating in the Polish loan sector and it turned out that in no case will this solution reach the price in Viamobile. With a commitment of 500 zlotys taken for 30 yards, we will pay 48 zlotys instead of an additional 7 yards. Being a buyer of hypocredit, we will spend one zloty more on the topic. However, at this point, with a delay of two weeks or a laugh, the following internet loan market leader is the cheapest one – aptly 63 and 95 zlotys. For comparison, Viamobile imposes the necessity to pay in advance 68 as well as PLN 107. We will pay small amounts of the loan extension as Pandamoney clients. The unit gives us a six, 40 or 30 days for a refund, which costs 10, thirteen, and 16 percent, respectively. price of the liability.
Therefore, with a loan of five hundred zlotys instead of a weekly extension, we will pay 40 zlotys, two weeks – 56.5 zlotys, and when we choose a monthly period for the commitment, our decision will reach 80 zlotys. Pandamoney offers micro loans from 100 to 2000 PLN for 7-30 days. Just in case of problems with the timely issue of money, extending the loan is relatively cheap in Visset. When 30 days were paid, and up to the refund we have 500 zlotys, paying 65 zlotys, we will gain an additional seventh day. While the week below for our company for a bit, we can make a transfer for 105 zlotys and we proposed to extend the repayment period by fourteen days. So that we still have a month to pay, we want to give me fifteen zlotys. Similarly, in all cases, persons in whom they received PLN 1000 a loan, its extension will cost twice the rates given above.