As we begin the new year, we would like to take this opportunity to update everyone on how important it is to Make your Payments on Time.
We are already receiving very good loans this year and are going through them as we speak. We have received many inquiries from the December loans as to payment information, which is quite normal. For some reason, the first payments are always awkward. It is your responsibility as a borrower to make your payments on time. We advise all the borrowers to print off the term sheet and highlight the payment date and account information. There is absolutely nothing wrong with paying a couple of days in advance or even a week! Scrambling around on the payment date puts everyone on edge. The “3-day grace period “is only to be used for emergencies and the loan date is the loan date. This is very clearly stated on the term sheet.