I authorize and request Payday Advances
to debit the (extension fee) by ACH/EFT and/or bank
draft from my account on the original scheduled
repayment date for my current and existing cash
advance.
I agree that if I have not requested an additional
amount to be applied to the current balance on this
form, I confirm and authorize that I still owe the
original advance amount plus fee, to be debited
in full from my account on the extended date shown
above.
*I agree that if this is 5th or more loan extension
request of my original advance, Payday Advances
is authorized by me to automatically debit an additional
amount equal to the extension fee to be applied
towards my balance with each extension of payment
request, until the balance is paid in full.
I agree to maintain an adequate balance and keep
my account(s) open to allow all ACH/EFT and/or bank
drafts to Payday Advances to occur in a timely manner
for the scheduled due date. I further agree and
confirm that by submitting completed/signed internet
request forms as a matter of convenience, hereby
constitutes the same legal and binding document
as providing Payday Advances with my personal post
dated check, in the amount of the cash advance plus
associated fees. If the payment is returned for
ANY reason, I agree that I will also pay a $25.00
return fee. I agree that upon submission of my electronic
signature, I am not presently involved in, nor contemplating
bankruptcy proceedings now or in the future.
I understand, acknowledge, and fully agree this
transaction is made pursuant to my current outstanding
promissory note/loan document and is NOT an installment
loan that I can make payments on, but is due in
full on the extended due date above. Furthermore,
it is pursuant to the Master Cash Advance Agreement,
which has been previously executed and is on file
with Payday Advances.
YES
NO
I have read, understand, and agree to the Loan
Extension Policy .
I understand and agree.
Please type your signature
If you do not receive an
email of confirmation that your extension request
was received and processed, this will mean it was
not received by us and your account is still scheduled
to debit for the full balance due.