The Loan May Become Overdue
When a scheduled EMI is not paid by its due date, the lender may treat the payment as overdue in accordance with the loan agreement and applicable policies.
Lender Communication May Increase
Borrowers may receive payment reminders, calls, notices or other communications regarding overdue amounts.
Credit History Can Be Affected
Missed payments and account status may be reported to credit bureaus and can negatively affect the borrower's credit profile.
Do Not Ignore the Situation
Borrowers facing genuine repayment difficulty should organise their loan information and review lender communications rather than allowing the situation to remain unmanaged.
Need Structured Borrower Assistance?
Learn more about the relevant SettleMyDue assistance service or share your repayment situation for an initial review. Lender outcomes are not guaranteed and remain subject to the lender's decision and applicable policies.