What happens if I miss a payment?Updated 2 months ago
As soon as you miss a payment, Clearpay will immediately stop you from making any further purchases with Clearpay. They will give you until 11pm on the following day to make your repayment.
If you do not pay, Clearpay will charge you an initial £6 late fee. A further £6 late fee will apply if a payment is still unpaid 7 days after the due date. Late fees are capped at £24 or 25% of the order value, whichever is less. Clearpay debt may be passed to a debt collection agency, and this may affect your ability to use Clearpay in future. We encourage you to use Clearpay responsibly.