What if I can’t repay on time?

When you do not repay on time the following actions are taken:

• Each day you pay late you loose Sevi Trust points, which also effects the Trust Score of your group.
• There is a seven day grace period.
• After seven days we will hand over your account to debt collection.
• After ninety days you are officially at default and will be listed as such.

See terms & conditions for more information.

If through some unforeseen event outside of your sphere of influence you are not able to repay, we suggest you inform your group so they can step up for you and repay on your behalf. This way the group doesn’t loose Trust points and credibility at the your loan provider.