Can we top-up my available KickStart Loan?
As being a dedicated SMB consumer, we’d like to assist both you and top-up your KickStart loan if you want more funds, nonetheless new federal Government regulations introduced in the first May 2020 now suggest our company is not able to provide top-ups to the clients that have an available high-cost SMB loan*.
These new rules additionally suggest you’re not in a position to head to just about any high-cost loan providers when you have an open high-cost loan. You are able to read more about these guidelines right right here. The full total price of Credit Cap legislation means the limitation left on your own loan isn’t sufficient for you yourself to top-up and borrow more cash, whilst the quantity repaid is higher than dual your loan that is initial advance.
We have been sorry, that is away from our control, we do would you like to assist our clients but our company is perhaps perhaps not allowed to!
Don’t stress! The next time you use with Save our Bacon you’ll be able to make an application for our NEW Flex Loan – Flex has a diminished interest and repayment that is flexible, that will strengthen your credit rating in the event that you continue track along with your repayments. And you may top-up! Yay! Top-ups will remain at the mercy of our normal financing evaluation.