You can obtain these loans at better rates and secure quicker approval if you apply for them online. You would need to fill out the electronic application form providing some of your personal information as the borrower requires. If the company is ok with the information they deposit the amount into your bank account. [link widoczny dla zalogowanych] Loans from R100 â R4 000 Debt collection
What is the fee if a payment is late [link widoczny dla zalogowanych] The website it not clear as to whether loans from Plain Green are reported to the three major credit bureaus so it is unclear whether a loan from Plain Green can improve your credit score. They do say, "because we may report your payment history to one or more credit bureaus, late or non-payment of your loan may negatively impact your credit rating." The also go on to say that delinquent accounts may be sold to a collection agency. So as with many most short term loans, failure to pay your loan may negatively impact your credit rating as collections agencies do report to the bureaus. See Do Payday Loans Affect Credit Score for additional information on credit scores and short term loans.
- Have a fixed employ [link widoczny dla zalogowanych] Repayment of Cash Loans⌠What is the Best Way? The lender will appear at your average-income, when you make an application for this type of lending.
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