Making my payments whenever I want...how does that work?
You can make a payment through our app at any time.
As long as you make your full agreed payment on or before your payment due date, you can choose how much and when to pay.
Let’s look at an example!
Let’s say your loan payment is £50 per month and your payment due date is the 28th of each month.
You could pay nothing on the 1st week and then split the payments down during the month on days you get paid.
Setting up your payments is easy!
1. We’ll ask you to review and authorise the payments through your online banking.
2. You review and accept the new payment method.
3. Sit back and relax, your payments are all set up!
Making payments from your bank account
We have a new way to pay your loan from your bank account.
We can regularly take your loan payment from your bank account.
Or, if you prefer, you can choose to split your payment amount into smaller chunks and pay when you get paid! This can help you pay off your loan earlier and reduce the cost of the loan, giving you more control over your payments and budget.
What's good about paying from your bank?
Paying from your bank has lots of great benefits that make it easier and simpler to make your loan payments.
- You choose- It puts you in control of your payments so you can choose how and when to pay your loan.
- It’s easy- It’s easy to make extra payments through our app, you don’t even need any card or bank details handy to be able to do this!
- It’s quick- Setting up your payments only takes a few seconds and you can make a payment straight away if you want to.
- It’s flexible- We know that stuff happens and sometimes you might need to change your payments. You can make changes up to 4pm the day before it’s due.
