Can I top-up my Flex loan and <a href=""></a> borrow more cash?

We are going to keep you updated from the standing of the application by e-mail and text, and you will additionally call our friendly buyer team TOTALLY FREE on to talk about the condition of one’s application.

Can we top-up my available KickStart Loan?

Being a faithful SMB client, we might like to assist both you and top-up your KickStart loan if you want even more resources, nonetheless brand- new federal federal Government regulations introduced in the first May 2021 now imply we have been not able to provide top-ups to the consumers that have an open high-cost SMB loan.

These brand new principles additionally imply you aren’t capable head to any kind of high-cost lenders when you have an open high-cost loan. You are able to find out more about these guidelines right here. The full total price of Credit Cap legislation implies the limitation left on your own loan just isn’t sufficient for you yourself to top-up and borrow additional money, given that quantity repaid could be higher than dual your initial loan advance.

Our company is sorry, this can be away from our control, we do like to assist our clients but our company is maybe perhaps not allowed to!

Don’t stress! The next occasion you use with Save the Bacon you’ll be able to make an application for our NEW Flex Loan – Flex features a lowered rate of interest and repayment that is flexible, that may improve your credit rating in the event that you carry on track together with your repayments. And you may top-up! Yay! Top-ups will be at the mercy of our lending that is normal evaluation.

Once you’ve paid back your Kickstart that is current loan we’re going to get in contact to let you know whenever you are in a position to re-apply.

a customer loan is regarded as to be always a loan that is high-cost the yearly rate of interest is finished 50%

Can I top-up my Flex loan and borrow more income?

You certain can! Our company is supplying top-ups on our Flex loan.

Fundamentally, a top-up is a brand-new loan, simply with a percentage associated with the resources getting used to stay your past loan stability.

You merely must make sure the top-up is sufficient to clear your current loan stability AND protect down things you need the brand new loan for.

The total amount you can easily top-up by is based on your circumstances that are individual! Each top up request for extra resources is at the mercy of a credit assessment that is full.

That which we have a look at once we assess your loan that is top-up application

  • You have got a record of creating re re payments on time on the Flex that is current Loan
  • That the loan that is new inexpensive and there’s been no considerable improvement in your position including alterations in earnings, costs and other monetary responsibilities
  • The brand-new loan goes on for you personally and goals
  • You have got shown good account behaviour showing a accountable debtor. This consists of ( not limited by):
    1. Reversals with other credit and/or energy providers
    2. Transfers and distributions causing reversals
    3. Problem betting affecting your capability to meet up re re payment responsibilities

Am I able to repay my loan early?

You can easily request a very early payment at any moment at no extra expense or punishment!

Kindly phone our repayments team TOTALLY FREE on before generally making an additional re re re payment with the exact balance to pay and adjust your repayment schedule if necessary so we can provide you.

Follow this link to learn more about repaying your loan.

What goes on if i cannot make my payment?

We should make sure you have actually the most readily useful borrowing from the bank knowledge feasible and now we have actually lots of choices offered to help keep you on the right track. We encourage one to contact us in the event that you can’t create a re re re payment – we are able to mention your alternatives and adjust your repayments!

Our friendly repayments staff tend to be right right here to greatly help – provide them with a telephone call COMPLIMENTARY on or deliver a contact to

We recognize that occasionally it is possible to struggle economically, our company is right right here that will help you! though it can be attractive to simply disregard the scenario and hope things will enhance for the higher, missing a payment may harm your credit rating! In the event that you feel things may get out of hand or if perhaps your own personal circumstance has changed, all you have to do is contact us and we also often helps protect your rating, and come together to locate a payment option this is certainly appropriate.

View here to learn more about repaying your loan.

Click the link to learn more about monetaray hardship.

Your Save My Bacon loan is really a commitment that is financial. We’re going to help you with evaluating your financial position but kindly make certain you come in a posture to cover Your repayments today plus in the long run.