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When Will I Receive My Loan funds?

Rimel avatar
Written by Rimel
Updated over a week ago

Thanks for accepting your loan! 🎉 We’re now getting things ready to send the funds to your bank.

Here’s what to expect next:

We’re just waiting for your Direct Debit mandate to be submitted and confirmed by your bank.

  • This is handled securely through our provider, GoCardless (GC). You will have received the following email when you accepted the loan-

Important: confirmation of the setup of your Direct Debit Instruction to Kravings

  • It can take up to 24 hours for your bank to confirm the mandate or the next working day if the loan was accepted on a weekend or Bank holiday

After we receive confirmation, your funds will be disbursed within 5 working days.

But don't worry — this often happens much sooner!

We’ll keep an eye on things and send your money as soon as we get the green light

If you have any questions while you wait, just drop us a message — we’re here to help 😊

Thanks,
Team Kravings

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