Your loan repayments will be deducted from your Dosh Everyday account on the scheduled repayment date.
You'll need to ensure you have sufficient balance in this account before your scheduled repayment date to cover these to avoid late repayment fees.
If you don't have sufficient balance to make repayments your repayment will fail. If this happens, late repayment fees may apply. Avoid this by always having sufficient balance in your Everyday account.
You can ensure this by having your wages or salary paid directly into your Dosh account. Please contact us to set you up with your own personal Dosh bank account number to give to your employer. You can also use Stash accounts to manage your money, and transfer instantly across to your Everyday account in time for your scheduled repayment. Or, set up a regular recurring payment from your regular bank account into Dosh to always have funds available.
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