What happens if I don’t pay my loan?

This can severely affect your future lending options not only City Finance but other finance companies too. Not paying money that you borrowed is a breach of your loan contract and a default can be listed on your credit report. This means other lenders will be able to see your poor history.

We know it can be to uncomfortable to get in contact when you are struggling with your finances but it is always better to call us before your debt reaches this stage so we can work out a plan to help you.