If your income is impacted due to COVID-19 (or you expect it to be impacted) and you believe you will be unable to make your loan repayments, you can apply for a 3 month personal loan payment break.
In certain circumstances, there are other options available including:
- up to 12 months interest only payments, or;
- 6 month moratorium on repayments.
As you can understand, there is a high volume of calls to our Customer Service line due to COVID-19 queries, so click here to arrange for a member of our staff to contact you to discuss your options and advise on a solution that best suits your individual needs. Please bear with us as we deal with the high volume of customers affected, so it may take some time for us to contact you, but we will be in touch as soon as we can.
For your information, you may be eligible to make a claim if you have 3rd Party Income Protection or Payment Protection Insurance on your Personal Loan. Contact your insurance provider directly for more details and have your policy number to hand.