Can we top-up my Flex loan and borrow more cash?
We are going to help keep you updated in the condition of the application by e-mail and text, and you will in addition phone our friendly buyer team COMPLIMENTARY on to go over the condition of the application.
Can we top-up my KickStart that is open Loan?
As being a dedicated SMB consumer, we might want to assist both you and top-up your KickStart loan if you want even even more resources, nonetheless brand brand brand- new federal federal Government regulations introduced from the first May 2021 today indicate we’re not able to provide top-ups to your consumers who possess an open high-cost SMB loan.
These brand brand new principles additionally suggest you’re not in a position to check-out virtually any high-cost lenders when you have actually an open high-cost loan. You are able to find out more about these principles right right here. The sum total price of Credit Cap legislation implies the restriction left on the loan just isn’t sufficient for you yourself to top-up and borrow more income, because the amount reimbursed could be higher than double your preliminary loan advance.
We’re sorry, that is away from our control, we do like to assist our consumers but our company is maybe not allowed to!
Don’t stress! The next time you apply with Save our Bacon you’ll be able to make an application for our NEW Flex Loan – Flex features a lesser rate of interest and repayment that is flexible, that may improve your credit rating in the event that you carry on track together with your repayments. And you will top-up! Yay! Top-ups will nevertheless be susceptible to our typical financing assessment.
Once you’ve paid back your Kickstart that is current loan we shall get in contact to inform you if you are in a position to re-apply.
a customer loan is viewed as to be always a loan that is high-cost the yearly rate of interest has ended 50%
Can we top-up my Flex loan and borrow additional money?
You pretty sure can! Our company is providing top-ups on our Flex loan.
Essentially, a top-up is a loan that is new only with a percentage regarding the resources getting used to be in your earlier loan stability.
You merely must make sure the top-up is sufficient to clear your current loan stability AND protect down things you need the brand new loan for.
Extent you can easily top-up by is based on your circumstances that are individual! Each top up demand for additional resources is susceptible to a credit assessment that is full.
That which we glance at whenever we assess your loan that is top-up application
- You’ve got a record of earning re re re payments on time on the Flex that is current Loan
- That the loan that is new affordable and there is no considerable improvement in your needs including changes in earnings, costs along with other economic responsibilities
- The loan that is new for you personally and goals
- You have got shown good account behaviour showing a borrower that is responsible. This consists of (although not limited by):
- Reversals with other credit and/or energy providers
- Transfers and withdrawals causing reversals
- Problem betting affecting your capability to fulfill re payment responsibilities
May I repay my loan early?
It is possible to request a repayment that is early any moment at no extra expense or punishment!
Kindly call our repayments team TOTALLY TOTALLY FREE on before generally making an additional re payment therefore we can offer you aided by the specific balance to cover and adjust your payment routine if required.
Click the link to learn more about repaying your loan.
What are the results if i can not make my payment?
We should make certain you have actually the most readily useful borrowing knowledge feasible and we also have actually an amount of choices open to help keep you on course. We encourage one to e mail us in the event that you can’t produce a payment – we could speak about your choices and adjust your repayments!
Our friendly repayments staff tend to be right here to greatly help – provide them with a call COMPLIMENTARY on or deliver an email to
We recognize that occasionally it is possible to struggle economically, we’re right right here to assist you! online payday GA Though it can be attractive to simply disregard the scenario and hope things will improve for the greater, missing a repayment may harm your credit score! Should you believe things may get out of hand or if perhaps your own personal situation changed, everything you need to do is call us and then we will help protect your rating, and come together to discover a payment option this is certainly ideal.
Click the link to learn more about repaying your loan.
Follow this link to learn more about pecuniary hardship.
Your Save My Bacon loan is a economic commitment. We are going to work with you with evaluating your position that is financial but make certain you have been in a place to cover Your repayments today plus in tomorrow.
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