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What happens if I cant pay the lender the money I owe. If you cannot pay the lender the money you owe, you borrow the money for two more weeks. This is called a rollover, or rolling over the loan. To pay discover personal loan over the loan, you pay another fee. If you roll over the loan a few times, you will pay a lot to borrow the money.
It becomes harder to get back to where you started.
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The purpose of shorter duration loans is to provide the borrower temporary financial relief. Such loans are not a long-term financial solution. Persons facing serious financial difficulties should consider other alternatives or should seek out professional financial advice. This website is not an offer to lend. WhiteRockLoans. com is not a lender and does not make loan or credit decisions.
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