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Can we top-up my Flex loan and borrow more cash?

Can we top-up my Flex loan and borrow more cash?

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We will help keep you updated regarding the condition of the application by mail and text, and you may in addition phone our customer that is friendly team on to talk about the condition of the application.

Can I top-up my available KickStart Loan?

As a devoted SMB buyer, we might want to assist both you and top-up your KickStart loan if you want even even even more resources, but brand new federal federal Government regulations introduced in the first May 2021 today imply we have been struggling to provide top-ups to the consumers that have an open high-cost SMB loan.

These brand- new guidelines also suggest you’re not in a position to visit other high-cost loan providers when you have a high-cost loan that is open. It is possible to find out more about these guidelines right right here. The sum total price of Credit Cap legislation indicates the restriction left in your loan just isn’t sufficient for you really to top-up and borrow more cash, because the quantity reimbursed could be higher than dual your preliminary loan advance.

Our company is sorry, this can be away from our control, we do wish to assist our consumers but we have been perhaps not allowed to!

Don’t worry! The next occasion you use with Save our Bacon it is possible to make an application for our NEW Flex Loan – Flex has actually a lowered rate of interest and repayment that is flexible, that will improve your credit rating in the event that you continue track together with your repayments. And you will top-up! Yay! Top-ups will be at the mercy of our typical financing evaluation.

Once you’ve paid back your Kickstart that is current loan we are going to get in contact to tell you if you’re able to re-apply.

a customer loan is viewed as to become a loan that is high-cost the annual rate of interest has ended 50%

Can I top-up my Flex loan and borrow more cash?

You certain can! We have been providing top-ups on our Flex loan.

Fundamentally, a top-up is a loan that is new only with a percentage associated with resources getting used to stay your past loan stability.

You simply need to ensure the top-up is enough to clear your current loan stability AND cover down things you need the brand-new loan for.

The total amount you can easily top-up by is based on your circumstances that are individual! Each top up demand for extra resources is susceptible to a complete credit evaluation.

Everything we glance at as soon as we assess your loan that is top-up application

  • You have got a record of creating re re payments timely on the present Flex Loan
  • That the loan that is new inexpensive and there is no considerable improvement in your position including alterations in earnings, expenditures as well as other monetary obligations
  • The brand-new loan goes on for you personally and goals
  • You’ve got shown good account behaviour showing a accountable debtor. This can include ( not restricted to):
    1. Reversals to many other credit and/or utility providers
    2. Transfers and distributions causing reversals
    3. Problem betting affecting your capability to meet up with re payment responsibilities

Could I repay my loan early?

You can easily request a very payday loans Idaho early payment at any moment at no extra expense or punishment!

Kindly phone our repayments team TOTALLY FREE on before generally making a supplementary re payment with the exact balance to pay and adjust your repayment schedule if necessary so we can provide you.

Click on this link for more information on repaying your loan.

What goes on if i can not make my payment?

You want to make certain you have actually the borrowing experience that is best feasible and now we have actually a quantity of choices open to help keep you on the right track. We encourage one to e mail us in the event that you can’t create a payment – we could speak about your choices and adjust your repayments!

Our friendly repayments staff tend to be right right here to greatly help – provide them with a telephone call COMPLIMENTARY on or deliver a contact to

We realize that occasionally you are able to struggle economically, we have been right here that will help you! Though it can be attractive to simply disregard the scenario and hope things will enhance for the greater, missing a repayment may harm your credit rating! You need to do is give us a call and we can help protect your score, and work together to find a repayment solution that is suitable if you feel things might get out of control or if your individual situation has changed, all.

Click the link to learn more about repaying your loan.

View here to learn more about pecuniary hardship.

Your Save My Bacon loan is a commitment that is financial. We’re going to help you with evaluating your position that is financial but make certain you come in a posture to pay for Your repayments today plus in the long term.

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