An arrears status indicates that a borrower has missed a repayment, so they’re behind on their scheduled repayments. Borrowers whose payments have been dishonoured are immediately contacted by Harmoney with the expectation that they’ll be able to bring their account up to date as soon as possible.
What does it mean when i have a loan in “arrears”?

Written by Mitch
Updated over a week ago
Updated over a week ago