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Are there repayment options available?

April 26, 2017Options repayment

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Are there repayment options available?

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In states where it is legal, some lenders offer various payment options to their customers. Some payment options are in the form of rollover or refinancing, meaning that you are allowed to use the proceeds of a new loan to pay off an existing loan. Other options include requiring you to pay the finance fee on the existing loan or to pay down the balance in your account. All payment options involve additional cost to the borrower.