Frequently Asked Questions (FAQs)
Find answers to some Frequently Asked Questions (FAQs) about repayments.
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Missing a repayment may result in late fees, increased interest rates, and a potential impact on a user's credit score. It's essential to make at least the minimum payment by the due date.What happens if a user misses a repayment? -
Yes, users can switch between available repayment methods at any time through their account settings.Can a user change their repayment method? -
Falcon does not charge any fees for early repayments. Paying off your balance early can help reduce interest charges.Is there a fee for early repayment? -
Repayments are processed in real-time and should reflect in a user's account immediately. In rare cases, there can be slight delays due to banking processes and bank holidays.How long does it take for a repayment to reflect in a user's account?
Updated 4 months ago
Related Information
Refer to the following pages for additional information about credit card concepts.