If your STL is not paid in full by the due date, SFS will place holds on your
ability to borrow future short term loans and these holds will not be removed
until the account is paid in full.

Additionally, the loan will be removed from the UW system and will be
transferred to our billing servicer, ECSI. Once
this happens, you will begin accruing late fees and the loan will be reported
as past due to your credit, which may affect your ability to obtain credit or
purchase a car or home in the future.

If the loan remains unpaid, it becomes subject to additional action such as
referral to a collection agency. If this occurs, you will be assessed
additional collection costs up to 40% of the total balance of your loan. This
means that an $1800 balance may increase to as much as $2300!

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