I was charged an overdue fee, is this correct?
What happens if a direct debit is dishonoured?
If a direct debit is dishonoured, FundTap will apply an overdue fee. If you know in advance that you cannot meet a direct debit obligation, contact FundTap as early as possible to discuss your options and request a repayment date extension.
What should you do if you cannot meet a direct debit?
Early communication before payments are missed allows FundTap to understand your situation and work with you to reduce additional fees. Take the following steps:
- Email info@fundtap.co before the payment due date.
- Explain your situation and request a repayment date extension.
- Work with FundTap to agree on a revised repayment arrangement.