Flexi Loan support during COVID-19
Already on a COVID-19 Flexi Loan support package?
Before the end of your repayment pause period, you will need to need to take action to manage your COVID-19 Flexi Loan support package.
To manage your COVID-19 Flexi Loan support package and any other support packages you have applied for, log into to your dashboard and navigate to the COVID Hub.
A 3-month pause of repayments and interest for those financially impacted.
If you've lost your job or suffered loss of income as a result of COVID-19, you can apply for our 3-month Flexi Loan support package.
What is the Flexi Loan support package?
The support package means that for three months:
- You will not be charged or accrue any interest on your account
- You will not be required to make any repayments.
It’s important to note that this is a ‘pause’ in interest charges and repayments. After the 3-month support period, you will need to make at least the minimum repayments.
Missed payment fee waiver
If you’re approved for COVID-19 support you’ll be refunded any missed payment fees charged between when you applied and when the package was approved.
Am I eligible?
You can apply for the COVID-19 support package if you:
Don’t think you’re eligible? Check the FAQs below to see whether you should apply for hardship support.
How do I apply?
All requests are through the online registration form which you can access via the ‘Apply for support’ button.
Due to the unprecedented volume of requests, processing may take some time. Please do not submit more than one form (unless we ask otherwise, by direct communication with you), as it will delay us processing your request.
We’ll remind you when your support period is about to end. When it does, you’ll need to start making your regular repayments again and you'll begin to accrue interest on any outstanding balance from the end of the 3-month interest pause period.
If you usually repay your account using a Direct Debit and didn’t manually turn it off before your pause commenced, you won’t need to do anything. We’ll automatically restore those repayments.
However, if you manualy cancelled your Direct Debit, you’ll need to manually restore it after your support period ends. You can do this by calling us or by visiting a branch.
In case you need further assistance after the support period has ended, please contact us.
If you’re approved for COVID-19 support you’ll be refunded any missed payment fees charged between when you applied and when the package was approved, and no missed payment fee will apply for the term of the package. Other fees will be charged as applicable.
Provided your account is not in arrears, and you haven’t reached your credit limit, you’ll be able to continue using your Flexi Loan account during this period.
If you can make your current repayment, please do so. If you are unable to make your current repayment this will also be paused should your application for the COVID-19 support package be approved. However, the interest for the previous statement period will still apply.
If you do not qualify for our COVID-19 support package you may be eligible for other assistance. We will be in touch regarding other assistance options that may be available.
The support package will apply for the statement cycle during which the package is approved plus the following two statement cycles.