Common use of Missed Payments Clause in Contracts

Missed Payments. If you miss your minimum payment we’ll add a late payment fee to your account. You can miss your minimum payment by not making a payment, by only paying part of your minimum payment or by making your payment late (after the payment due date). If you miss a payment, the following will also apply to your account: • You may not be eligible for offers or promotions. • We may take the payment from any other Barclays accounts you have. • Your records with credit reference agencies may be affected, meaning it may be harder or more expensive for you to borrow in the future. If you miss two payments in a row, we will cancel any instalment plans on your account and move any remaining instalment plan balance to your standard balance and charge interest at your standard rate. If you’ve missed a payment, your next statement will ask for the overdue amount as well as your next minimum payment. We may move overdue amounts from previous statements to the new balance on your next statement to help you manage your account. These amounts will no longer be overdue and will not show as overdue amounts on your statement. When you do make a payment, we’ll use this to pay off overdue payments first. If you’re having difficulty making payments, or if you think you’re likely to struggle making payments in the future, please get in touch with us as soon as you can. Missing payments could lead to legal action or insolvency proceedings such as bankruptcy (although we rarely need to take these actions). We may also sell your debt on to another organisation. If you have other accounts with Barclays, we may use money in those accounts to pay us. Ofsetting If we owe you money, we may offset that amount against (use it to reduce) balances owed to us across this and other accounts.

Missed Payments. If you miss your minimum payment we’ll add a late payment fee to your account. You can miss your minimum payment by not making a payment, by only paying part of your minimum payment or by making your payment late (after the payment due date). If you miss a payment, the following will also apply to your account: • You may not be eligible for offers or promotions. • We may take the payment from any other Barclays accounts you have. • Your records with credit reference agencies may be affected, meaning it may be harder or more expensive for you to borrow in the future. If you miss two payments in a row, we will cancel any instalment plans on your account and move any remaining instalment plan balance to your standard balance and charge interest at your standard rate. If you’ve missed a payment, your next statement will ask for the overdue amount as well as your next minimum payment. We may move overdue amounts from previous statements to the new balance on your next statement to help you manage your account. These amounts will no longer be overdue and will not show as overdue amounts on your statement. When you do make a payment, we’ll use this to pay off overdue payments first. If you’re having difficulty making payments, or if you think you’re likely to struggle making payments in the future, please get in touch with us as soon as you can. Missing payments could lead to legal action or insolvency proceedings such as bankruptcy (although we rarely need to take these actions). We may also sell your debt on to another organisation. If you have other accounts with Barclays, we may use money in those accounts to pay us. Ofsetting Offsetting If we owe you money, we may offset that amount against (use it to reduce) balances owed to us across this and other accounts.

Missed Payments. If you miss your minimum payment we’ll add a late payment fee to your account. You can miss your minimum payment by not making a payment, by only paying part of your minimum payment or by making your payment late (after the payment due date). If you miss a payment, the following will also apply to your account: • You may might not be eligible for offers or promotions. • We may take the payment from any other Barclays accounts you have. • Your records with credit reference agencies may might be affected, meaning it may be harder or more expensive for you to borrow in the future. If you miss two payments in a row, we will we’ll cancel any instalment plans on your account and move any remaining instalment plan balance to your standard balance and charge interest at your standard rate. If you’ve missed a payment, your next statement will ask for the overdue amount as well as your next minimum payment. We may move overdue amounts from previous statements to the new balance on your next statement to help you manage your account. These amounts will no longer be overdue and will not won’t show as overdue amounts on your statement. When you do make a payment, we’ll use this to pay off overdue payments first. If you’re having difficulty making payments, or if you think you’re likely to struggle making payments in the future, please get in touch with us as soon as you can. Missing payments could lead to legal action or insolvency proceedings such as bankruptcy (although we rarely need to take these actions). We may also sell your debt on to another organisation. If you have other accounts with Barclays, we may use money in those accounts to pay us. Ofsetting Offsetting If we owe you money, we may offset that amount against (use it to reduce) balances owed to us across this and other accounts.

Missed Payments. If you miss your minimum payment we’ll 'll add a late payment fee to your account. You can If your payment is returned for any reason (for example, following a failed Direct Debit, cheque or other payment), we'll add a returned payment fee to your account. If this returned payment means you miss your minimum payment by not making that month, we'll add both a payment, by only paying part of your minimum late payment or by making your fee and a returned payment late (after the payment due date)fee. If you miss a payment, the following will also apply to your account: • You may not be eligible for offers or promotions. We will move any remaining promotional balances on your account to your standard balance and charge interest at your standard rate • We may take the payment from any other Barclays accounts you have. have • Your records with credit reference agencies may be affected, meaning it may be harder or more expensive for you to borrow in the future. future If you miss two payments in a row, we will cancel any instalment purchase plans on your account and move any remaining instalment purchase plan balance to your standard balance and charge interest at your standard rate. If you’ve 've missed a payment, your next statement will ask for the overdue amount as well as your the next minimum month's payment. We may move This will apply unless we do not require payment of the overdue amounts from previous statements to the new balance on your next statement to help you manage your account. These amounts will no longer be overdue and will not show as overdue amounts on your statementamount at that time. When you do make a payment, we’ll 'll use this to pay off overdue payments first. If you’re 're having difficulty making payments, or if you think you’re 're likely to struggle making payments in the future, please get in touch with us as soon as you can. Missing payments could lead to legal action or insolvency bankruptcy proceedings such as bankruptcy (- although we rarely need to take these actions)this would only happen under exceptional circumstances. We may also sell your debt on to another organisation. If you have other accounts with Barclays, we may use money in those accounts to pay us. Ofsetting If we owe offer you moneya payment holiday you will not need to make any minimum payments during that period, we may offset that amount against (use it to reduce) balances owed to us across this and other accountsbut you will still be charged interest on your account.