Is there a Payday Loan Repayment Plan in Irvine California?
There is NO mandated repayment plan for payday loans in Irvine, California. But it can be voluntarily agreed upon by both parties at any time. A repayment plan allows a borrower to pay off the accumulated principal and interests of an overdue debt, on instalment. This is requested prior to the debt becoming due.
If your contract does not make mention of the same, you do not have the right to demand one from your creditor. Nothing is stopping you from requesting for an extension of time to make payment WITHOUT being charged. If your lender agrees, get it in writing. If not, tough luck.