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No late fees
If you miss a payment, don't panic, you won't ever be charged a late fee with Slyce but it's very important you pay back as soon as possible as a missed Requested Payment will impact your existing plan lengths.
If you miss your monthly Requested Payment
We'll let you know in the app and by email that it's late. You'll have 10 extra days to make your Requested Payment. It's important to make this payment as soon as you can to avoid all your existing instalment plans switching to the Minimum Payment amount (equivalent to a 12 month instalment plan, with a fee). Paying the minimum takes longer and is the most costly way of paying off what you owe.
When we switch your instalment plans, we'll do it in line with the process set out in section 8.5 of your Terms.