Additionally, all of my dealings with their customer service representatives, both via phone email, have been exceptional.
What you should know about. Spotloan is a better way to borrow extra cash. Its not a payday loan. Its an installment loan, which means you pay down the principal with each on-time payment. Borrow 300 to 800 and pay us back a little at a time. Months, not weeks.
You can request your next-but- one pay date to repay, and save lots of cash. We don't believe in hassles. Nobody likes red tape, so we keep it simple. We aren't going to ask you a hundred questions about what you want the money for, and our signup form is only one short page. Also, no fax is required for applying for the loan. It couldn't be faster. Why drive all the way to a storefront. You can have money in your account in as little as 15 minutes, without even leaving your computer. Did we mention that no fax is necessary either.
How Does It Work.
You can contact your lender for more information about its specific policies. Impact on Credit Score. Lenders are within their rights to file reports with the three major credit bureausвЂExperian, Equifax and TransunionвЂif you fail to repay your loan.
This negative remark will lower your credit score and may make it impossible for you to obtain short term loans or other forms of credit in the future.
However, once you have repaid your debt to your lender in hong leong bank personal loan, this will be reported to the credit agencies and the negative remark will be removed from your credit history.
Some of the lenders in our network participate in what is known as automatic loan renewal.