Comment on page
Loan Extension
Loans can get extended by the lender of record without requiring a change in APR. Loan extensions are only possible if there is 1 lender of record for a given loan. No action is required by the borrower.
The minimum loan extension is 10% of the remaining loan duration rounded up to a day. All other loan parameters remain the same including refinancing proceeds by previous loan lenders.
Last modified 1mo ago