Repayment of loan
Although Northcash is a financial institution, the company is not involved in direct lending activities. It acts as a mediator between the lender and the borrower. Due to this, Northcash does not participate in any debt collecting practices. Read your loan agreement carefully, and it will contain details related to your lender’s collection policies. If you have any queries about the situation, don’t hesitate to contact your lender. Users can visit the landing page for more information.
Conditions of loan extension
If you cannot repay your loan on time, you may apply for a loan renewal. It means you pay a charge in exchange for the ability to postpone repaying the loan in full on the due date. The fee does not affect the amount you owe. Please note that not all borrowers are eligible to renew their loans.
Early payoff
All the Northcash loans are free of early loan prepayment penalties. This can be beneficial for the borrower as it allows them to clear the original loan amount without any extra penalty decreasing its total cost.