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COLLECTIONS & DEFAULT: Failure to make timely payments may result in NSF or late fees. If your account becomes severely delinquent, it may be turned over to a 3rd party collection agency which could impact your credit score. Loans do not automatically renew without prior approval. If you renew or “rollover” your loan, your principal balance may not be reduced, depending on the state, and you will owe additional fees and/or interest. [link widoczny dla zalogowanych] Receiving the money from your loan is easy- it is deposited right into your bank account.
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