What if I apply for a loan very close to my next payday – am I expected to pay the same interest as people who apply for one 4 weeks away from their payday?
We are fair – we don’t expect you to pay back a loan after a few days. If you apply for a loan 0-7 days before your payday you will be expected to pay it (or the interest, if extending) back on your following payday. For example: If you are paid on 28th of every month and apply for a loan on 22nd August, you will only need to pay it back on 28th September.
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