Hi Shasan. I'm requesting a one month extension for this loan with a repayment of 290$ if possible. (Only 5% interest from the current loan balance).
Best xLays.
For extension, I charge 1% per day (minimum 10% if more than 10 days). So, if you want to take the extension then you have to pay an additional 10%, and on or before the current repayment date you have to pay the previous interest.
Okay. My remaining loan balance is $275, with an additional $28 (10%) interest for another one more month. I'm sorry, but I'm unable to pay the interest on my current loan. I hope for your kind consideration.
To take the benefit of 10% you must have to repay the previous interest. Otherwise, 1% per day will be applied which is mentioned on my terms.