If you fail to pay back the required amount then you may be charged additional interest (0.8% Daily) and a late fee (£15). We adhere to and follow all applicable collection laws and guidance. If youmiss a loan payment, there are late fees which will be added to the outstanding balance. You will be required to pay further interest on the amount already owed thereafter. We may initiate collection procedures and your credit score may be adversely affected if your payment obligations are not met.
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