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The Implications of Non-Payment | In the case that you do not repay your loan on or before the loan due date, your loan will be considered delinquent and will be subject to a fee defined by the lender. In addition, your bank will charge you an eastern bank limited personal loan (non sufficient funds) fee for the failed item.
The rate of interest will continue to grow on the unpaid balance at a rate of up to 60 per year. In the event that you fail to repay your loan you will not be allowed to borrow from the lender again until you have paid of the balance in full. Only reputable collection agencies that comply with all lawful collections practices are employed and the customers credit rating may be negatively impacted if payment is not made in a timely fashion.
Collection Practices | Private Loan Shop collects information about you by and through your access to and use of this website and through your use of the Companys referral services (Companys services). Some of the provided information is collected through your submission of information when you submit your information on the Site.
We also made the process simple. No need to visit hundreds of websites and fill out numerous paperwork. The Need for Speed. Our online service readily serves your need to connect with a lender.
The process takes a few minutes. Fill out our secure online form and we send an encrypted copy to an authorized lender to approve. Once you submit your information, you will be redirected to the lender's website where you can review the terms of the loan, including details about all the applicable rates and fees.
If you accept these terms, the lender will deposit money directly into your bank account as quickly as the next business day.
Every inquiry received is handled with care and speed. Your Loan, Your Business.
Since the loan is instant, the approval is really fast. It takes a few hours or less because your credit history is not checked. Once you are approved, the lender will wire the agreed amount to your bank account. This happens in no more than 24 hours. You have the choice of how much to borrow with instant blacklisted personal loans. You can choose the amount depending on your needs and the size of your disposable income. Majority of lenders are willing to extend very large sums to borrowers who are capable of repaying their loan.
You have the option to select the term of the loan as well. Usually, the smaller the borrowed amount (principle amount) is the shorter the term will be and vice versa.