What Happens If I Miss a Payday Loan Payment?

If you miss a payday loan repayment, contact eKasi Pay Credit as soon as possible. A late fee may apply under your agreement, and your credit record can be affected if the account goes into default. We follow fair collection practices under the NCR and would rather arrange a payment plan than escalate the matter.

What happens when a payment is missed

• A late fee may be charged, as set out in your loan agreement.
• Your credit record may be affected if the account goes into default and is reported to the bureau.
• We will contact you to arrange repayment or reschedule.

What you should do

Don't avoid contact — it is always better to talk. Reach out to our support team to set up a new arrangement before things escalate. We are registered with the National Credit Regulator and follow fair collection practices, including issuing a Section 129 notice where required before further action.

For guidance, read What To Do When Your Loan Is Overdue and How to Request a Payment Plan. You can view your balance any time in your account.