Continuous Payment Authority (CPA)

Notice to vary the terms of your Continuous Payment Authority (CPA)

04^th October 2018

Dear Customer,

We hereby give notice to change when we attempt to take payment from the debit card you provided, should the date ever fall on a weekend or Bank Holiday.

The change:

If your CPA date falls on a weekend (i.e. Saturday or Sunday) or a Bank Holiday in England, we will be taking your CPA amount on the week day before the weekend or bank holiday. For example, if your CPA date is set for the 30th of every month and in September the 30th falls on a Sunday, we will collect your CPA amount on Friday 28th September.

Why have we made the change?

We have made the change to better reflect when our customers get paid – which is the very reason why they select the CPA date. We simply want to give our customers the best opportunity to keep their accounts up to date.

When will this change take effect:

The change will be effective from 2^nd November 2018.

What should I do now?

You don’t have to do anything other than ensure you have enough money in your bank account on your CPA due date to ensure a successful collection. Please note, this change will only apply if your CPA date ever falls on a weekend or Bank holiday. All other terms of your CPA agreement remain unchanged.

Right to cancel paying by CPA

You can cancel a CPA at any time by instructing us to stop taking payments or by contacting your bank. Loans 2 Go prefers all its customers to pay by CPA however upon cancellation instructions from you, we accept alternative methods of payments such as paying online via www.loans2go.co.uk, paying by standing order and paying over the phone. Loans 2 Go does not accept repayment by credit card.