Had been the loan ‘rolled’ from to month month?

Had been the loan ‘rolled’ from to month month?

‘Rolling’ a loan just means so it is not paid after the intended period – so, in the event that you borrowed £200 but could just manage to repay £100 after the next payday, the possibilities will be the loan provider will have extended the full time you had to pay it off – while also including significant costs for doing this.

If it has occurred, the lending company you borrowed from should perform an ‘affordability check’ each month – i.e. 자세히 보기