What happens if you don’t pay Carbon loan?
What happens if you don’t pay Carbon loan?
Failing to repay a Carbon loan can result in several negative consequences, including: Additional fees: Late payments may incur extra charges, increasing your outstanding loan balance. Credit score impact: Late or missed payments can negatively ...
How do I make a loan repayment?
We have made repaying your loan at Carbon as easy as possible. On your due date, your payment will conveniently be deducted from your Carbon Account or the account linked to the debit/ATM card provided during your loan application. To make a payment: ...
Loan Rescheduling
Can I reschedule my loan repayment? What happens if I pay late? We understand that financial circumstances can change suddenly, Carbon wants to support you through difficult times. However, it is important to note that we do not reschedule repayment ...
Can I make an early repayment? If I make an early repayment, will I pay less?
Can I make an early repayment? If I make an early repayment, will I pay less? Early repayments are accepted and you can apply for a new loan immediately after your previous loan is paid off. However, an early repayment will not impact the term of ...
What happens if I can’t make a payment on my due date?
We understand that financial circumstances can change suddenly, however, it is important to note that we do not reschedule repayment dates and you should only take a Carbon loan if you are reasonably certain you have the means to repay within the ...