We don't charge late fees or penalties since your repayment is automatic on your next payday.
But what if I'm low on funds?
We check your bank account balance before we withdraw anything (we will try our best not to cause an overdraft) from your account and will check daily until the outstanding balance is repaid. We may deduct full repayment at any point after the repayment date. If your initial repayment fails, we will reattempt your repayment up to two (2) additional times on subsequent dates at our discretion. You agree to our Float repayment practices in our Terms & Conditions when you become a member.
If you have any questions, please contact our Member Experience Team. We're here to help!