To help make repaying your loan as simple as possible, during the loan application process we collect your bank details and automatically set up a direct debit authority. On each payment date we debit the payment amount from your account. It is important to make sure there are sufficient funds in your account to cover the payment amount.
Your loan contract will state each repayment date and the amount due. A text message will be sent to your mobile phone prior to each payment date (unless you opt out).