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So, place I work offers a deal where you can pay $5 to have one loan payment pushed off until the end of the term of the loan. Not the best thing to do, after all, you still have to make the payment, and interest adds up on the loan during the month passed over, but it's a hell of a lot cheaper than some other ways of effectively getting a few hundred extra that month.
Obviously, it coming up on Christmas and all, this is a very popular time to get a loan payment skipped.
Only one thing: the loan has to be at least 6 months old to be eligible.
No we cannot make exceptions.
You knew when you took out the loan that we would be asking for x$s every month. If you are suffering a hardship (job loss, medical, etc) we can see about refinancing the loan for you at lower payments. We might even work out a deferment for you, though generally that is only done if the loan is at least a year old. Which is all moot because wanting to buy Christmas decorations does not constitute hardship.
No, we would not have done this for you back in the "good old days" x number of years ago, because x number of years ago this offer did not exist.
Please, have a great deal of fun taking your business to x bank. They charge $50 for their loan skip payments and they don't do them on loans less than a year old. They also charge late fees more quickly than we do (don't think I don't see that in 4 months of having the loan, you've only managed to pay it on time once. You are so lucky we wait for ten days before charging you.). Oh, and their rates are higher, so good luck getting your payments that small again.
Obviously, it coming up on Christmas and all, this is a very popular time to get a loan payment skipped.
Only one thing: the loan has to be at least 6 months old to be eligible.
No we cannot make exceptions.
You knew when you took out the loan that we would be asking for x$s every month. If you are suffering a hardship (job loss, medical, etc) we can see about refinancing the loan for you at lower payments. We might even work out a deferment for you, though generally that is only done if the loan is at least a year old. Which is all moot because wanting to buy Christmas decorations does not constitute hardship.
No, we would not have done this for you back in the "good old days" x number of years ago, because x number of years ago this offer did not exist.
Please, have a great deal of fun taking your business to x bank. They charge $50 for their loan skip payments and they don't do them on loans less than a year old. They also charge late fees more quickly than we do (don't think I don't see that in 4 months of having the loan, you've only managed to pay it on time once. You are so lucky we wait for ten days before charging you.). Oh, and their rates are higher, so good luck getting your payments that small again.