Government regulations have addressed the risks assumed by consumers when refinancing short-term contract payday loans. Recent legislation prohibits Credit Provider to refinance of current loan.
Due to various Government Law refinance of the loan is not allowed anymore, as there is risk factor in refinancing the loans. As a responsible lender we always follow the law & make aware our customers regarding the same.
As a responsible lender, we will never allow client to refinance or roll over their loans.