Can I extend my loan?

Yes, Lava offers you the ability to extend your loans. You can do so by selecting a loan within the app and clicking the "Extend" button in the top right corner. You will be presented with the new loan terms and will need to pay a one-time extension fee to initiate the extension.

Note that you must extend or pay your loan at expiration to avoid late fees. If your loan is not repaid upon expiration, you will be charged a late fee until your loan is paid.