Answer: You may, at your election, renew this loan by paying a minimum payment of only the finance charges on or before the scheduled due date listed in your original loan documents. However, repeated or frequent use of such a renewal can create serious financial hardships. For example, making such a minimum payment on or before your due date will not reduce any of the original principal you borrowed and that principal will continue to accrue finance charges at a rate contingent on the balance that is still then due. Furthermore, renewing your loan by making only the minimum payment on or before your regularly scheduled due date will also result in a new minimum payment equal to the minimum payment that was due in your original loan documents and a new payment period equal in duration to the payment period in your original loan documents. Therefore, to reduce your original principal you must pay more than the minimum amount that is due on or before your regularly scheduled due date. Additionally, paying more than your minimum payment on or before your regularly scheduled due date will also reduce the finance charges that will accrue on any remaining balance that may be owed by you after such a payment is made which, in turn, will reduce any future minimum payments that may be due on the remaining/unpaid balance. We include reminders in our customer agreements and in-store signage that our products are not intended for long-term use. Renewal fees and charges vary by location and loan type. Please call 1-361-573-5626 or visit your local store for details.