Why should I set up repayment?
Setting up auto-debit will immensely improve your Pay Later experience with Prefr. The key benefits of setting up repayments are:
No more late payments
It lets you set and forget.
It reduces payment failures.
It improves cash flow.
It helps to increase your credit score.
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What if I don’t make the repayment on time?
It is very important to repay your credit on time to: Avoid late payment charges Maintain a good credit rating Prevent suspension of the Prefr Pay Later facility Please maintain an adequate balance in your account around the repayment date. Not ...
My Bank is not listed here, how do I proceed?
We generally cover most of the Government and Private banks in India, but if in the rare case you are not able to connect your bank account, you should reach out to wecare@prefr.com, so that we can assist you to set up your repayment. In such cases, ...