What Happens If I Cannot Repay My Loan in Miami?
If you miss a repayment for your payday loan, you could be faced with late fees, added interest to your loan and a negative impact on your credit score.
It’s important to contact your lender immediately if you will struggle to meet a payday loan repayment. Lenders may offer solutions such as extending the repayment period or setting up an alternative repayment plan to help you avoid further financial difficulties.
Can I Repay My Loan Early?
Yes. You can always repay your payday loan early and save yourself money on interest. Make sure to talk this option through with your lender before making any changes to your repayments.
Is It Legal To Get a Payday Loan In Miami?
Yes. Payday loans are legal in Florida therefore if you live in Miami you can apply through Safe Cash Network to borrow money now.
In Florida state, you can only have 1 payday loan at a time. Should you want to take out a new loan in Miami, you must repay back your current loan and wait 24 hours before a new loan can be approved.