Can I reduce my payment?

How can I increase/ decrease my monthly contribution?

Rachel Norris avatar
Written by Rachel Norris
Updated over a week ago

Yes! Penfold is all about flexibility and we want your payment to work around you. Therefore, you can change your regular payment from your dashboard.

To do this, click on the 'Payment details' button on your dashboard, and from there you can change your amount and the day of your payment, then click submit. You can also pause your payments too πŸ™Œ

If your regular payment day is less than 4 working days away, then this upcoming payment will still be taken from your bank account.

Also if the new payment day that you select is less than 4 working days, then this payment won't be taken until next month as there is not enough time to setup this instruction. Therefore, we'll take the payment on the date you selected of next month.

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