Common use of MISSING REPAYMENTS Clause in Contracts

MISSING REPAYMENTS. (a) If you fail to pay the Minimum Repayment on or by the Payment Date you will be given notice of, and charged, a Late Payment Fee. (b) If you fail to pay the Minimum Repayment by the Payment Date, you consent to and expressly authorise us to make one attempt to debit the Minimum Repayment amount from your registered debit card on the first business day after the Payment Date (continuous payment authority). We reserve the right to seek any required repayment from you by any alternative method agreed by you. If you no longer agree to this payment authority, please contact Customer Services. (c) Missing payments could have severe consequences and may make obtaining credit more difficult and/or expensive for you. There may also be circumstances in which we may take legal action or use a debt collection agency, in relation to which you could be liable for our costs. If you are having difficulty making your payments, or you think you will in the future, please contact us as soon as possible.

MISSING REPAYMENTS. (a) If you fail to pay the Minimum Repayment on or by the Payment Date you will be given notice of, and charged, a Late Payment Fee. (b) If if you fail to pay the Minimum Repayment by the Payment Date, you consent to and expressly authorise us to make one attempt to debit the Minimum Repayment amount from your registered debit card on the first business day after the Payment Date (continuous payment authority). We reserve the right to seek any required repayment from you by any alternative method agreed by you. If you no longer agree to this payment authority, please contact Customer Services. (c) Missing payments could have severe consequences and may make obtaining credit more difficult and/or expensive for you. There may also be circumstances in which we may take legal action or use a debt collection agency, in relation to which you could be liable for our costs. If you are having difficulty making your payments, or you think you will in the future, please contact us as soon as possible.