1. Help Center
  2. Students
  3. I have a loan with Future Finance

What happens if I miss a payment?

Sometimes it isn't possible to make your payment on time. If you miss a payment, we will contact you within 48 hours to notify you of the missed payment and work with you to arrange a payment schedule to bring your account up to date. A late payment fee of £12 may be payable if you have failed to make any scheduled payment within six business days after the scheduled due date. If your account is seven or more days past due, the Credit Reference Agency (“CRA”) status of your account may be updated.