While Banks Slash Their Rates On Loans, Many Payday Lenders Are Still Charging As Much
This page summarizes state statutes regarding payday lending or deferred presentment, which features single-payment, short-term loans based on personal checks held for future deposit or on electronic access to personal checking accounts. This can be handy, but it is risky. It might not leave you enough money in your account for other bill payments, such as mortgage or rent, or other essential spending, such as heating or food. And it could take you over your overdraft limit, leading to bank charges.
You can also complain to the payday loan company. Ask them about their complaints procedure. The main payday lender trade associations have issued a 'customer charter' which sets out how their members should behave. If you are unhappy with the way your payday lender has behaved, the charter may help you make a complaint.
The lenders we find typically offer fast loans between $300 and $10,000 ! Therefore, whether consumers are looking for something small or large, Monzi may be able to help. You can also choose between 12 to 24 months for your repayment plan, depending on your fast loan amount. Of course, the lender will have the final say, but, they should work with you to determine the best plan for you.
Customers are at liberty to pay off their loan at their convenience. Interested customers should contact Access Bank on +234 1 271 2005; send an e-mail to contactcenter@ , or visit any Access Bank branch to liquidate their loans.
No comments:
Post a Comment