We’re all about making your life easier, so we have automatic repayments set up to deduct the amount you cashed out + a 5% transaction fee from your connected bank account based on the debit date in your loan agreement. This is a fixed, flat fee. We do not charge any interest or other ongoing fees. How good is that!
Plus, you can choose your repayment schedule and split repayments across up to four instalments when you cash out.
We also offer even more flexibility, with the option to ‘Repay early’ or ‘Delay repayment’ available in the app.
Note: You can only delay your repayments once per cash out.
You can only repay early 2 days after you cash out and cannot make an early repayment 1 day before your repayment is due, or when your payment is pending.
Please note it can take up to 2 business days for your bank to settle your repayment with our system.
Still have questions? Contact support@beforepay.com.au