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WHAT TO FO IF YOU CANNOT PAY THE BOUNCE – BACK LOAN ?
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If you are unable to pay back your bounce-back loan on time, it is important to contact your lender as soon as possible. They may be able to offer you a repayment plan to help you manage your repayment. Alternatively, they may be able to provide other financial support or advice. If you are still unable to make the payments, you may be able to apply for a loan modification to reduce the amount you owe. It is important to be open and honest with your lender so that they can work with you to find a solution that works for both of you.

If think the above will not help and you need more advice, please contact us and we can review your options.

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