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Purple Payday Australia
At Purple Payday we pride ourselves on having strong relationships with some of the largest lenders in Australia. With Purple Payday you have access to a vast range of providers, ranging from payday loan specialists for those unavoidable emergencies we all face; to instalment lenders who can provide larger sums of money for things like car repairs or home improvements. Our process is 100% online, with no-obligations. Purple Payday can help to find you the loan most suited to your circumstances, with access to an entire market of lenders and providers.
With our simple and secure online application, it is now even easier to access the quick cash you
need, and you could have your money the very same day!
Having issues making a payment? You will need to contact your lender directly, and they will discuss your payment options with you. The lender may reserve the right to pass your details onto a third party collections agency, but only if the situation remains unresolved.
Implications of Non-Payment
Purple Payday strongly recommends that you pay back your money on time. However, if this is not possible for you, each lender will reserve their own polices regarding late fees, interest and methods of collecting outstanding debts. As soon as you are aware you may not be able to pay repay on time you should contact your lender immediately to avoid any damage to your credit record.
If you are struggling to make repayments you must contact your lender directly to discuss payment options. You are likely to incur a late payment fee, however this amount will vary from lender to lender. This information will be made clear to you in your loan agreement with the lender.
If you decide that you would like to renew your loan, you should speak to your lender prior to the repayment date. It is likely that the lender will charge the same interest rate and fees on the amount owed. Similarly, an automatic loan extension could be implemented as a result of non-payment, which could incur extra fees and charges onto your account.Source: www.purplepayday.com.au
Category: Payday loans