How to repay my advance? Can I repay early?

Published on: 2024-10-25 11:43:47 +0100

The Income Advance repayment is automatically taken from deposits into your Pockit account (BACS transfers within 30 days of the advance or bank transfers between 3 and 30 days of the advance):

• If you borrowed £50 and have at least £25 in your account, any transfer of £50 or more will repay the advance.

• If you borrowed £100 and have at least £25 in your account, any transfer of £100 or more will repay the advance.

• If you go past your payment due date any transfer paid in over the loan amount will repay the advance

Please note that our partner, SteadyPay, may contact you if you were to fall behind on your repayment in order to establish the next steps or explain the repercussions of non-payment.

If you would like to make an early manual repayment:

• Open the Pockit mobile app 

• Tap the "More" tab at the bottom 

• Tap "Income Advance" 

• Tap "Pay now"

If you don't have the Pockit mobile app, you can contact us via the chat function or by sending an email.