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Debtor Payment Arrangements

by admin on September 4, 2017

The following constitute the agreement between you, the debtor, and us, the agent for payment arrangements.

We will act fairly and take into account your circumstances.

You will:

* make the agreed payments on the agreed dates/days;

* inform us at least 2 business days before a payment is due if you are unable to pay;

* make all reasonable efforts to pay the debt off as quickly as possible.

Where a payment arrangement is not honoured by you, we reserve the right to:

* cancel any arrangement;

* add additional administration costs;

* report a default to credit reporting agencies;

* take further action to collect the outstanding monies.