In Texas, 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 if I need more time to repay my Payday Loan?
Why is the APR Percentage So High?
High APRs are due to the short-term nature of payday loans. Each loan offered by Check Into Cash is required by law to have the fees and/or interest on the loan expressed on the contract as an Annual Percentage Rate, this illustrates how the interest and fees for the amount borrowed are compared to what the cost would be for a one-year period.
How long will my paperless statements be available to view online?
Once logged in, you will be able to view your current and past (up 12 months) account statements. If you would like to receive a copy of statements that are older than 12 months, please contact us at 877-262-2274.
Who do I call if I have questions about my paperless statements?
If you have any questions concerning your paperless statements, please contact us at 877-262-2274.
Customer Notice - In Texas, Check Into Cash operates as a licensed credit access business (CAB). The actual lender is First Financial Loan Company, LLC., an unaffiliated third party, and their name will appear on your bank statement instead of Check Into Cash.
* In Texas, you are not required to pay down on your principal until after your fifth refinance. After your fifth refinance, you must pay $50 down or 10% of your original loan amount – whichever is greater.