Prepayment
You may prepay this loan in full or in part at any time by calling Lender toll-free at 866-797-4225. You may be assessed a minimum finance charge of $5 when the amount financed is $75 or less and $7.50 when the amount financed is greater than $75. Earned finance charges are determined by applying the annual percentage rate to the unpaid balance of the amount financed for the actual time those balances were unpaid. You are not obligated to pay the unearned portion of the disclosed Finance Charge. No additional charges will be imposed for prepayment. Any partial payment will be applied first to fees, then to Finance Charges, and then to principal.
Wisconsin Payday Loan Renewals
This loan may be renewed only upon your request. You may renew this loan for such length of time as Lender deems appropriate. A loan may not be renewed more than four (4) times. In order to renew the loan, you must request a renewal and electronically sign the subsequent renewal contract, pay any outstanding Finance Charges and fees and at least twenty percent (20%) of the principal sum of the loan. The renewal will be subject to a Finance Charge in accordance with Lender’s fee schedule.
Payday loan renewal requests must be received by 2:00 PM Pacific Time 2 business days before your payday loan is due.
When your renewal loan becomes due, we will electronically deduct the payday loan amount and the fee from your bank account.
If you have any complaints or concerns about your payday loan or Lender's loan practices, you may contact the Wi Dept of Financial Institutions at Wi Consumer Act Sctn, PO Box 8041. Madison, Wi, 53708. 608-261-9555.
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