Aston Lane South
Online Application Queries
0800 652 9997
Other Personal Finance Queries
0800 130 0370
Implications of Non-Payment
Financial: A single default fee will be applied per loan, once two payments are missed or late. No further default fees will apply for any other missed or late payments. The interest paid on a loan is limited to a 100% total cap, therefore dependent on the loan amount and term taken over, the interest may not always continue to accrue.
Collections: If any payment is dishonoured, returned unpaid, or otherwise missed for any reason, this will put your Loan Agreement in arrears. If a payment is missed for a second time, you will be charged a late fee of £15, which will be added to your account. We are here to help and so if you are struggling to make your repayments please contact us as we are here to help and can offer a number of repayment solutions. If you don’t get in touch, we may initiate collection procedures and your credit score may be adversely affected if your payment obligations are not met in full. Please call us at 0845 0348271 for more information about how we can help you.
Potential Impact to Users’ Credit Score: Cash Converters performs traditional credit checks and reports loan information to the UK credit bureaus. A missed and/or late payment may have a negative impact on your credit score.