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How to prolongate your loan?

When some people fall into such a situation, they think - I will wait until better times, and then I will pay the debt. This is fundamentally the wrong decision, because each time the amount of debt will only increase, which in the future will only fast cash loan direct lenders philippines exacerbate the already difficult situation. And someone wonders at all how to not pay a credit card loan? I would like to say right away that there are no legal ways to avoid paying a loan. After all, when completing the contract, the person agreed with the conditions stipulated in it.


Agree that initially the question of how not to pay by credit card sounds a little paradoxical. After all, we all understand that any bank or financial company is a commercial organization that exists through credit payments. Therefore, credit card debt still have to be repaid. Now let's take a broad look at what happens if you don’t pay by credit card?

For delay, the bank or financial company may set a fine.


In addition, if you do not pay by credit card, interest and interest may be charged daily.
The bank may sue the debtor.
Regular credit card debt will ruin your credit reputation, this is fraught with the fact that a person will not be able to apply for a loan at any banking institution.