What a Maximum Monthly Repayment Limit?

Posted on

James Jones

As part of our credit assessment and decision making process we will issue you with a Maximum Monthly Repayment Limit.

This Maximum Monthly Repayment Limit works in tandem with your Credit Limit to help prevent over extending yourself when using AppToPay.

The Maximum Monthly Repayment Limit is the most that you will ever repay in any given month when using AppToPay.

By default your monthly repayment amount is zero, only when you make a purchase will AppToPay adjust this to cover the cost of all due repayments.

Rest assured that of your Maximum Monthly Repayment Limit is £100 for example, no matter how many purchases you make, that is the most you will ever be able to repay in a single month.

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