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Make life easy: Three plans
let you pay now or later
Your payday advance can be paid off
or refinanced at any time.
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Subject to SecondWallet's refinance policy, you may choose any of our three convenient plans and once
you pay off your loan, we'd like to thank you with a special gift (see below):
1. Complete Payoff Plan
Pay off the loan and finance charges completely.
2. Partial Payoff Plan
Pay off the loan finance charges and refinance the loan. SecondWallet will allow four extensions and
then require a principal paydown of at least $50.
3. Extended Plan
Pay finance charges and a portion of the principal and refinance the loan. This is the most flexible
plan, allowing you extra time.
Special gift for being a great customer!
As our way of saying "thanks" for your business - and to help you save a bit on expenses - SecondWallet
will send you a Free-Minutes Phone Card that we'll activate with your final loan payment. If you're a
first-time customer you'll receive 30 Free Long-Distance Calling Minutes. Each time you return for a new
payday advance loan, we'll add an extra 30 minutes.
Choose to defer payments or pay down your principal
Anytime prior to the due date of your loan payment, you will have the option to choose the payment plan that
works best for you. We strongly suggest you make a principal payment along with any extension. Making
payments to your principal amount will reduce your fees and enable you to pay the loan off sooner.
Automatic payoff, refinancing
As a convenience to our customers, if we do not hear from you and you are in good standing with your payday
advance, we will simply extend your loan. This process requires us to pay off the current loan and creates
a new loan for you. This is done through our electronic authorization network.
The convenience of electronic banking
SecondWallet offers the convenience of electronic banking so you never have to leave your house to receive
or make payments. Through the ACH Network*, SecondWallet gives customers the ability to receive payday
advances within just a few hours. This also provides customers with the convenience of electronically automated
principal and fee payments, or if you choose, just the appropriate fees for an extension of your loan.
* Automated Clearing House (ACH) Network is a highly reliable and efficient nationwide
batch-oriented electronic funds transfer system governed by the NACHA OPERATING RULES, which provide for the
inter-bank clearing of electronic payments for participating depository financial institutions. The Federal
Reserve and Electronic Payments Network act as ACH Operators, central clearing facilities through which
financial institutions transmit or receive ACH entries. For more information, visit:
http:/www.nacha.org/About/what_is_ach_.htm
Get Payday Advance Now >>
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