What is Payment Reduction?
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Written by Molly
Updated over a week ago

If your income drops below a specific threshold outlined in your Credit Agreement, you can apply for Payment Reduction. If you qualify, and depending on your income, Fynn will cover either 10% or 20% of your standard payment each month! As long as you make your reduced payments in full and on time, you never have to pay back the portion that Fynn covered.
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Specific terms apply. To review all of the details on Payment Reduction, including qualification requirements, review your Credit Agreement and Income-Based Repayment Schedule. If you have any questions, email us at [email protected] or call us at 800-419-2118.

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