Zirtue does not penalize users in any way for failing to make a payment or pay off a loan. All loans made on the Zirtue mobile application platform are personal loans based on trusted relationships with your friends, family, contacts and trusted relationships.

Zirtue is not a lender and does not offer or provide any loan guarantees or repayment guarantees.

Zirtue is not affiliated with credit at all, so your credit score will not be impacted for failing to pay off a loan.

We understand that you have every intention of repaying your personal loan when you submitted the request to your lender. We also understand that life happens.

TIP: Contact the lender: Be proactive and call the lender before your next payment is due. The lender may be able to provide some relief — such as a temporary deferment of loan payments or even loan forgiveness — if you explain your situation.

It’s always better for you to bite the bullet and deal with it, and go to the lender for help instead of harming the relationship.

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