Loan payment holiday
Loan payment holidays for customers impacted by Coronavirus
If your income has been impacted by Coronavirus and you know you are not going to be able to make your monthly loan payments, we can offer our existing loan customers a 3 month payment holiday.
How to apply for a payment holiday
The quickest way to apply for a loan payment holiday is to complete our online form below.
Before you submit the form, please make sure all the information is correct. If not this will cause a delay in dealing with your payment holiday request.
Once you have submitted the form we will review your request and within 5 days we will email you to confirm when your payment holiday will take effect.
Please note if you have a payment due in the next 14 days, we may not be able to amend this payment, we will confirm this in the email.
Here are some things to consider before applying for a payment holiday:
- At the end of the holiday your monthly payments will be recalculated and you will see an increase in your monthly payments.
- The total amount of interest you pay over the term of the loan will increase.
- Your loan term will be extended by the same period as your holiday.
Thanks for your request
Your request for a loan payment holiday has been submitted.
We will now review your request. Within 5 days we will email you to confirm when your payment holiday will begin.
If you are happy to continue you won't need to do anything else. We will process your request and amend your payments accordingly.