What happens if I don't follow the repayment plan?
If you miss one payment, Modero will send you a reminder. If you keep skipping installments or paying late, the plan may be canceled. Please note that in that case there are additional costs.
Do you think you won't make the next payment? Do you want to discuss a lower monthly payment or would you like to review your plan? Discuss this with your file manager as soon as possible! A temporary delay or a repayment pause is negotiable, but remember that this depends on the creditor.
Tip: you can easily avoid these additional costs by following your repayment plan correctly. For example, an automatic monthly transfer can help you with this. You can also Download KIWI install via the app store or its web application. This app offers you an overview of your outstanding debts anytime, anywhere. You can pay immediately or simply request an installment plan. In addition, KIWI sends you messages, such as reminders, so you don't miss any deadlines. This way, you avoid extra costs, you are in direct contact with your file manager and you remain the director of your finances.