Loan Extension
In general, a loan extension will allow a borrower, for a fee, to skip an immediate payment and add that payment onto the back of the loan. In most cases, the maturity date of the loan is then extended by a month.
In general, a loan extension will allow a borrower, for a fee, to skip an immediate payment and add that payment onto the back of the loan. In most cases, the maturity date of the loan is then extended by a month.