We
contend to teach our customers on the consequence of non-payment and inspire
them to repay the loan in due course. Credit On demand has the right as per its
company prudence, to implement late payment interest and charges if you're
unsuccessful to form payments among its due time. Just in case of repetitive
non- payment we'll assign and obedience Debt recovery company to recover our
unhealthy debts.
We
will setup a payment arrangement by contacting you to your phone, email and
letter. Any unsuccessful of payments can result you in further fees and fines
and have an effect on your credit score on the method.
In
case our client desires to increase or renew their loan they have to contact us
before its payment maturity date. All its rate of interest and alternative
associated fee are constant as its current loan. If there's a case of
non-payment, its extension / renewal are automatic and can incur extra rate of
interest and charges within the borrower’s account.
Credit
on Demand don't support change policy. As an active accountable loaner we tend
to attempt to guarantee our borrower’s debt don't stand out of management
attributable to repetitive change extension. Only for that, here in Credit on
Demand we've got came upon variety of “Repayment schemes” which will enable to
you pay back your loan in installment. This installment is intended therefore
we will initially deduct a little of your Principle amount and your interest
therefore guaranteeing reduced debt over the course of the installment. This
policy is ready up for people who face money issue and that we powerfully
suggest our customers to contact us in due time if they need to rearrange an
installment compensation.
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