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Despite our best efforts, things don’t always go our way. You take a shortcut to work, only to get lost along the way. You spill coffee on your brand new suit, not even 10 minutes after first putting it on. You receive a paycheck in an amount smaller than what you were expecting, forcing you to reassess your payment priorities. In the case of the last event, what do you do if you have a payday loan to pay off?
Luckily, payday loans were created as a convenient option for borrowers just like you, so naturally, some lenders like CashNetUSA offer a payday loan extension. It’s important to understand, however, that CashNetUSA does not offer extensions in every state. To see which payday loan repayment option is available in your state, visit our Rates and Terms page.
Save 50% on the initial loan fee 1
So you’ve determined that you won’t be able to pay the full amount of your payday loan on the due date. Maybe you have to pay your electricity bill first. Or maybe you have to buy groceries for the family. No problem! At CashNetUSA, you may be able to extend your payday loan until your next payday — we’ll assess your ability to repay your loan first before granting you an extension. When renewing your payday loan, you will pay your initial loan fee on your original due date, while extending your loan principal, plus an additional extension fee, to a later date. To make sure no problems arise, be sure to request an extension at least two days prior to your original due date.
It’s important to feel at ease using a payday loan. That’s why at CashNetUSA, we’ve taken it upon ourselves to make our customers feel right about choosing us as their go-to online lender, offering payday loan renewal to borrowers who have the ability to repay the extension.
Back to Everything You Need to Know About Payday Loans
1 Promo code must be redeemed at the time of application. Promo code is valid on initial fee only, can be used only once and may not be combined with any other offers or preferred member benefits.
