Terms and Conditions

You can end your Agreement at any time by repaying your Outstanding Balance in full and choosing to end the Agreement through your Fairlo Account.

We may end your Agreement at any time by giving you not less than 2 months’ notice.

We can also give you notice to end your Αgreement immediately in the following cases:

1. you have broken your Agreement regularly or seriously i.e. missed payments or suspected fraud;
2. a bankruptcy order, debt relief order or similar order relating to personal insolvency is made against you or you enter into an individual voluntary arrangement;
3. we are unable to contact you for more than 6 months;
4. we have put a permanent stop on you using your Account; or
5. you behave in a manner which is threatening or abusive to our staff.

We will only give you notice to end your Agreement for the reason given in (a) above if we have first given you a default notice under the Consumer Credit Act 1974 and the default notice has expired without you having remedied the breach (if it was capable of being remedied).

If you or we have given notice to end your Agreement you must repay all the money you owe us. The Agreement will not end formally until you have repaid all the money you owe us under it.

Should you die, then your Agreement will end immediately and does not transfer to anyone else.