In Nevada, Check Into Cash offers loan refinances, so you can pay off your principal at a later date. While we always encourage you to repay your original loan without refinancing, sometimes life has other plans. If you find yourself needing more time to pay off your loan, you can request a loan refinance.
Sometimes life doesn’t go according to plan. The car breaks down unexpectedly or an unforeseen bill arrives in the mail. Any number of causes could prevent you from paying off your original loan on time. Whatever the problem may be, don’t worry — refinancing may be an option.
How Does a Refinance Work?
Refinancing — also known as “renewing” or “rolling over” a loan — allows you to request additional funds to pay off your current loan on time. When you refinance, you pay the finance charge(s) on your original loan, and we use the additional funds to pay off your principal balance. Your due date is then renewed to your next pay date (typically in two weeks). On the new due date, the principal and interest on your renewal will be due.
Refinancing fulfills the obligations of your original loan on time, giving you extra time to budget. In some cases, this extra time can be the difference between peace of mind and falling behind.
How To Get A Refinance
Log in to your account at least two business days prior to your loan’s due date and click the “Refinance” button in the dashboard.
Review and Sign
Choose how much you would like to pay down on your current loan, review and electronically sign your new loan documents.
Make your regular payments according to the loan agreement and pay it back.
What all is owed on the due date of my refinance?
On the due date of your refinance, the interest on your renewed loan and any remaining principal will be due.
Can I be denied a refinance?
You can be denied if you’ve reached your state’s maximum refinance limit. If you can’t get approved for a refinance, feel free to call us at 877-577-7977. We’re ready to work with you.
How many times can I refinance?
In Texas, there is no limit to the amount of times you can refinance. You can refinance your loan up to five times without having to pay down any principal on your original loan. After your fifth refinance, you must pay $50 down or 10% of your original loan amount – whichever is greater.
Can I get cash back with a refinance?
No. You can only get a refinance for up to the amount of your original loan to pay off your principal balance. Keep in mind that no funds can be credited to your bank account since this money is used to pay the principal of your original loan.
* Refinance may not be extended for longer than 60 days past original due date.