Payday Loan Rollovers in Tustin, Ca
Payday loans in Tustin, California does not allow rollovers. A rollover is the act of a debtor taking out another loan before the previous loan is paid. Presumably, the former is utilized to pay for the latter. Take note that a rollover is different from an extension asked by a debtor as an accommodation from the creditor.
On a positive note, it means that a borrower can request an extension from the lender. If the lender agrees then there is no additional fee for this. If the lender asks for an additional fee, the borrower simply cites California Finance Code Cal. 23000 to 23106.