What happens when I miss a payment?
When you miss a payment, we will let you know via email explaining the following:
- A default fee is applied for commercial customers, please refer to your credit agreement to confirm the value of the fee
- We will provide you with a 'last chance date', which is your deadline to make a payment to avoid your agreement being cancelled.
- We will make another attempt to collect this payment within 6-8 days if your bank details are valid on our system.
- If this second attempt is unsuccessful or your bank details are not valid, we will issue you an additional arrears reminder by email within 6-8 days of the original payment date.
The email we send you will confirm if there is another collection attempt scheduled and what date we will reapply to your bank for this payment.
You can bring your account up to date at any point in this process by making a payment to our bank account - just click link below for our payment details.