Repayment of loan
After having money deposited into your bank account, the repayment installments laid out in the loan agreement will be automatically deducted from your bank account at regular intervals that each borrower can choose themselves. SkyCap takes care of its clients by offering automatic payments on their pre-authorized payment plan to automatically withdraw your loan payments from your bank account when your payments are due. So, with automatic payments, you will not forget or miss your payments. The repayment period ranges from 9 months to 36 months.
Conditions of loan extension
SkyCap Financial's loans do not automatically renew after the original term has expired. While customers can increase their loan or the term (subject to maintaining their loan and having a good payment history), all additional requests such as this are subject to the discretion of SkyCap Financial's internal underwriting procedures.
Early payoff
Early repayment of a personal loan or making overpayments can help borrowers settle their debts more rapidly. SkyCap Financial doesn't charge an early repayment fee, so you don't need to worry about repaying or overpaying your loans. Free early loan repayment is another advantage that makes this lender an attractive option for getting a loan. Pay off the debt quickly without any risk of taking out overpayments. You can request an early settlement at any time with no fees. Pay off your balance at any time without any extra cost.
