What happens if I don’t repay on time?
If you don’t repay on time, here are a number of things that might happen to your GoPayLater:
- You will receive payment reminders via several channels; SMS, email, or calls
- If you are delinquent past a certain number of days, your GoPayLater account may become blocked and at some point may even become permanently blocked. If you are permanently blocked, you will no longer be able to repay.
- Since we send a daily report on your GoPayLater account to the Fintech Data Centre (FDC) on your delinquenc ystatus, this may eventually affect your credit rating with other fintech lending platforms.