How do the repayments work?

Your repayments are due by 10:00am (Sydney time) on your nominated repay day.

Unless you have already manually made the repayment via the app, before 10:00am on the due date (repay day) we will charge your funding source for the amount due.

If the repayment of the amount due is not received by 10:00am on the due date, we will again attempt to charge your funding source on the following day.

If the first two attempts fail and you haven’t made a repayment yourself via the app, we will then attempt to charge your funding source a late fee of $10. Your account will also be suspended, and you won’t be able to transact further.