You have 3 payment options to choose from:1.Elect to pay the total amount due. 2.Elect to pay the minimum amount and extend the loan with a NEW CONTRACT*. 3.Elect to pay more than the minimum amount and extend the loan with a NEW CONTRACT* (payment will initially be applied to the fees and the remainder of the payment will be applied to the principal). *A NEW CONTRACT means you are entering into a new loan period, which obligates you to pay the finance charge associated with your new principal balance at the end of the next pay period.