Help with Missed or Late Payments

Life happens. Whether you’ve already missed a payment or think you might, we’re here to help. The earlier you reach out, the more we can do.

Life can change quickly. If you are struggling to keep up with repayments, you are not alone. Get in touch with us today and we will work with you to find a solution that fits your situation and helps you stay on track.

If you are dealing with wider debt, we can guide you towards the right support to help you regain control.

If your situation is affecting your mental health or involves gambling, we can connect you with trusted organisations that offer confidential support.

Contact Us

What We Can Help With

You may be able to:

– Change your payment date
– Pause payments in certain situations
– Set up repayment plans 
– Make a catchup payment by debit card
– Continue saving, even while repaying

Manage Repayments

Missed a Payment? Here’s what to do

We understand that things don’t always go to plan. If you’ve missed a loan repayment, let us know we monitor accounts daily, and if you contact us first, we can often resolve things quickly. 

Ways We Can Support You

Depending on your situation, we can help you:

  • Make a quick debit card payment via secure payment link
  • Set up a repayment plan  to fit your budget
  • Switch to direct debit or standing order for easier payments
  • Redirect child benefit to your Derbyshire Community Bank account
  • Enable DWP deductions (if eligible)
  • Review your budget and avoid future arrears
  • Use our Benefits Calculator to check for extra support
  • Submit an Income & Expenditure Form – Complete It below
Budget Planner

Your Loan agreement – What You Agreed to

As part of your loan agreement, you’ve committed to…

  • Inform us of changes to your finances or address
  • Continue to save while repaying your Loan
  • Repay the full balance, including any unpaid interest or recovery costs
  • Allow us to use your savings against your Loan if you fall behind
  • Permit deductions from benefits (via DWP)

If you don’t get in touch

If we don’t hear from you and no plan is made, your loan may go into arrears or default. This means:

  • You won’t be able to withdraw savings or apply for another loan
  • We will attempt to contact you via phone, text, email or letter
  • We may apply your savings to your loan balance
  • It may impact on future Loan consideration

If no resolution is made, we may

  • Apply for DWP deductions via the Eligible Loan Deduction Scheme.
  • Seek a county court judgment (CCJ), affecting your credit rating
  • Refer the debt to a recovery agency
  • Request wage deductions
  • Deduct any arrears from your final salary upon leaving our job

How to Contact Us

Let’s fix this together – we’ll always try to help before taking formal steps.

Let’s Work Together

Please don’t struggle in silence. Whatever’s going on, we’re ready to support you and help you get back on track.