What is a payment arrangement
Need to temporarily delay or reduce repayments due to unforeseen circumstances.
Payment arrangements allow you to temporarily postpone or reduce your repayments due to unforeseen circumstances such as:
- Delay in receiving your salary or pension
- Unpaid leave from work
- Unexpected essential expenses
These are short-term challenges, and you are confident you will be able to resume your usual repayments soon and catch up on any missed payments.
If this describes your current situation, then you are eligible to apply for a payment arrangement. You can apply HERE