Common use of Making repayments Clause in Contracts

Making repayments. (a) Your minimum repayment must have cleared and be credited to your account by the payment date shown on your statement. Your repayments will reduce your balance outstanding only when they have cleared. (b) If you have not checked a statement for any reason, you must still pay at least the minimum repayment shown on it. (c) If you only make the minimum repayment each month, it will take longer to pay off your balance outstanding, and it will cost more. You can pay more than the minimum repayment at any time, including paying off your entire balance outstanding. (d) Any refunds credited to your account will not count towards your minimum repayment. You must still pay the full minimum repayment, unless the refund reduces your balance outstanding to an amount which is less than your minimum repayment. In this case you will only have to pay the balance outstanding. (e) If you are in financial difficulties, or we otherwise think it is the right thing to do as a responsible lender, we may: (i) agree a reduced repayment plan; (ii) suspend the charging of interest; or (iii) take any other action that we think is appropriate. Any such action will not change the terms and conditions of this agreement. Instead, we agree not to fully enforce the rights we have under this agreement to collect the full amount we are entitled to for a limited period. We will always tell you how long this period is, and provide you with full details of any action we propose to take. (f) You can make a repayment by the following methods. (i) Debit card – you can make a one-off repayment from your debit card in Online Banking or our Mobile App, or set up an ongoing repayment. (ii) Bank transfer – you can transfer money to your account using the sort code and account number linked to your account. These details are on your statement. (iii) Standing order.

Making repayments. (a) Your minimum repayment Minimum Repayment must have cleared and be credited to your account Account in cleared funds by the payment date shown on Payment Date specified in your statementStatement each month. Your repayments Repayments will reduce your balance outstanding Balance Outstanding only when they have clearedreach your Account. (b) If you have not checked accessed a statement Statement for any reason, you must still pay at least the minimum repayment shown on it. (c) Minimum Repayment. If you only make the minimum repayment your Minimum Repayment each month, it will take longer and cost more to pay off your balance outstanding, and it will cost moreBalance Outstanding. You can pay more than the minimum repayment Minimum Repayment at any time, including paying off your entire balance outstandingBalance Outstanding. (dc) Any refunds credited to your account Account will not count towards your minimum repaymentMinimum Repayment. You must still pay the full minimum repaymentMinimum Repayment, unless the refund reduces your balance outstanding Balance Outstanding to an amount which is less than your minimum repayment. In this Minimum Repayment, in which case you will only have to pay the balance outstandingBalance Outstanding. (ed) If you are in financial difficulties, or we otherwise think it is the right thing to do as a responsible lenderdo, we may: (i) agree may decide to set up a reduced repayment plan; (ii) , suspend the charging of interest; or (iii) interest or take any other action that we think is appropriate. Any such action will not change the terms and conditions operate as a temporary waiver of this agreement. Instead, we agree not to fully enforce the our rights we have under this agreement Agreement for the limited period that we notify to collect the full amount we are entitled to for a limited periodyou. We will always tell you how long this period is, and provide you with full details of any action applicable plan when we propose to takeset it up. (fe) You can make a repayment payment by the following methods. (i) : • Debit card – card: you can make a one-off repayment payment from your debit card in Online Banking or our Mobile App, online banking or set up an ongoing repayment. (ii) payment; • Bank transfer – transfer: you can transfer money to your account Account using the sort code and account number linked to your account. These details are on your statement. (iii) Account; • Standing order.: you can set up an ongoing payment from any bank account to your Cashplus Account;

Making repayments. (a) Your minimum repayment Minimum Repayment must have cleared and be credited to your account Account in cleared funds by the payment date shown on Payment Date specified in your statementStatement each month. Your repayments Repayments will reduce your balance outstanding Balance Outstanding only when they have clearedreach your Account. (b) If you have not checked accessed a statement Statement for any reason, you must still pay at least the minimum repayment shown on it. (c) Minimum Repayment. If you only make the minimum repayment your Minimum Repayment each month, it will take longer and cost more to pay off your balance outstanding, and it will cost moreBalance Outstanding. You can pay more than the minimum repayment Minimum Repayment at any time, including paying off your entire balance outstandingBalance Outstanding. (dc) Any refunds credited to your account Account will not count towards your minimum repaymentMinimum Repayment. You must still pay the full minimum repaymentMinimum Repayment, unless the refund reduces your balance outstanding Balance Outstanding to an amount which is less than your minimum repayment. In this Minimum Repayment, in which case you will only have to pay the balance outstandingBalance Outstanding. (ed) If you are in financial difficulties, or we otherwise think it is the right thing to do as a responsible lenderdo, we may: (i) agree may decide to set up a reduced repayment plan; (ii) , suspend the charging of interest; or (iii) interest or take any other action that we think is appropriate. Any such action will not change the terms and conditions operate as a temporary waiver of this agreement. Instead, we agree not to fully enforce the our rights we have under this agreement Agreement for the limited period that we notify to collect the full amount we are entitled to for a limited periodyou. We will always tell you how long this period is, and provide you with full details of any action applicable plan when we propose to takeset it up. (fe) You can make a repayment payment by the following methods. (i) : • Debit card – card: you can make a one-off repayment payment from your debit card in Online Banking or our Mobile App, online banking or set up an ongoing repayment. (ii) payment; • Bank transfer – transfer: you can transfer money to your account Account using the sort code and account number linked to your account. These details are on your statement. (iii) Account; • Standing order.: you can set up an ongoing payment from any bank account to your Account;

Making repayments. (a) Your minimum repayment Minimum Repayment must have cleared and be credited to your account Account in cleared funds by the payment date shown on Payment Date specified in your statementStatement each month. Your repayments Repayments will reduce your balance outstanding Balance Outstanding only when they have clearedreach your Account. (b) If you have not checked accessed a statement Statement for any reason, you must still pay at least the minimum repayment shown on it. (c) Minimum Repayment. If you only make the minimum repayment your Minimum Repayment each month, it will take longer and cost more to pay off your balance outstanding, and it will cost moreBalance Outstanding. You can pay more than the minimum repayment Minimum Repayment at any time, including paying off your entire balance outstandingBalance Outstanding. (dc) Any refunds credited to your account Account will not count towards your minimum repaymentMinimum Repayment. You must still pay the full minimum repaymentMinimum Repayment, unless the refund reduces your balance outstanding Balance Outstanding to an amount which is less than your minimum repayment. In this Minimum Repayment, in which case you will only have to pay the balance outstandingBalance Outstanding. (ed) If you are in financial difficulties, or we otherwise think it is the right thing to do as a responsible lenderdo, we may: (i) agree may decide to set up a reduced repayment plan; (ii) , suspend the charging of interest; or (iii) interest or take any other action that we think is appropriate. Any such action will not change the terms and conditions operate as a temporary waiver of this agreement. Instead, we agree not to fully enforce the our rights we have under this agreement Agreement for the limited period that we notify to collect the full amount we are entitled to for a limited periodyou. We will always tell you how long this period is, and provide you with full details of any action applicable plan when we propose to takeset it up. (fe) You can make a repayment payment by the following methods. (i) : • Debit card – card: you can make a one-off repayment payment from your debit card in Online Banking or our Mobile App, online banking or set up an ongoing repayment. (ii) payment; • Bank transfer – transfer: you can transfer money to your account Account using the sort code and account number linked to your account. These details are on Account; • Standing order: you can set up an ongoing payment from any bank account to your statement.Account; (iiif) Standing orderYou can ask us to change your Payment Date by asking us to change your Statement Date, when we will inform you which dates you can choose from. You cannot change your Statement Date if you have changed it twice in the last 12 months, or you have already changed it during the current or previous Monthly Statement Period.