Lender to Return Original Loan Agreement: Upon payment of the loan in complete, the financial institution must mark your initial loan contract with the term “paid” or “canceled” and send it back for you.
It to you if you obtained an extended payment plan, the lender is also required to mark your original extended payment plan document with the word “paid” or “canceled” and return.
Lender to Return protection check always: in the event that you cancel your loan (see “Right to Cancel” above) or repay it in complete with money or by certified check, cashier’s check, cash order or, in the event that loan provider is prepared to carry out such repayments, through the use of credit cards, prepaid credit card, or debit card, the financial institution must straight away return the check you gave because protection when it comes to loan.
No Rollovers, Extensions, Etc.: the financial institution cannot refinance, restore, expand, or rollover your pay day loan.
Failure to settle: repay your loan! Understand whenever your re payment is due and make certain to settle your loan on some time in complete.