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Your loan service provider may offer you a renewal of your loan, at any stage of your agreement. If you do wish to have an additional or renewed loan with your loan service provider, you may directly contact them. Loan service providers can charge you the same or new rate for the loans, especially if they consider you to be a good payee and have successfully repaid your loan on previous occasions.
Please remember, it is the duty of a loan service provider to check and make sure you can afford the loan and its repayments. if quick business loans online plan on renewing or taking out additional loans, you need to do this with the full understanding, knowledge and consideration of costs involved, at any point in time.
Please be aware that late or non-payments can and will result in more interest and unwanted costs on top of your loan.