Change to loan repayments

Use this form to raise or lower your loan repayments. Note that the repayment cannot be lowered below the level on your loan agreement.

PROCESSING INSTRUCTIONS FOR STAFF

1. Check that all details match those on the account
2. Ensure that request does not take payment below the contractual level.
3. Send a text to the mobile number on the account confirming that the change request has been received and actioned.
4. download pdf and import to the member account.
5. Make any necessary changes to payroll deductions on the curtains system
6. change monthly loan repayment in financial maintenance
Your name Your name First Last
Date of Birth Date of Birth / DD / MM YYYY
Member Number
Mobile Phone Number
Email

Confirm Email Address
Authorisation

Tell us about the change you want to make to your loan repayments
Current monthly loan payments £ Pounds . Pence
New monthly loan payments £ Pounds . Pence
Authorisation

Authorisation I hereby authorise the above changes to my loan repayments. I understand that I cannot reduce my payments below the level on my loan agreement. I authorise the credit union to make the necessary changes to my payroll deductions where applicable, from the next available date.
Draw or type your signature into the box below to confirm your instruction

Draw or Type

I understand this is a legal representation of my signature. Clear

Full Name

I understand this is a legal representation of my signature.