Pay in 4 FAQs
Is Pay in 4 available on Snap Loan?
Yes. Pay in 4 is an optional feature that allows you to settle your balance in full within four months.
Opt-in is required.
How does Pay in 4 work?
If you:
- Choose Pay in 4, and
- Settle your balance in full within 4 months
Snap will cancel the interest.
If you do not complete payments within the Pay in 4 period, your agreement will revert to the original contractual term.
Can I make weekly payments under Pay in 4?
Yes. We can arrange weekly instalments instead of four monthly payments, as long as the full balance is cleared within the Pay in 4 period.
What happens if I miss or pay less than my Pay In 4 payment?
Your payments will switch to the contractual terms shown in your agreement and interest will be calculated and added on the current balance. No other fees or charges will be added.
Your credit file may be affected if you fall behind contractual payments
If you’re ahead of your original repayment schedule, your account will not fall into arrears.
Can I catch up with a missed Pay In 4 payment and avoid interest charges?
Yes. Even if you miss some of your Pay In 4 payments, you can make additional payments to catch up as long as it is within the Pay In 4 period. If you still have a balance after the Pay In 4 period has ended, interest will be charged on any remaining balance.
Manage your account from your phone
Manage your account by text
Prefer to use your phone without calling?
Text us for instant account management.
Text:
07860 078257
'PAY' to make payment 'NEXT' to check next payment date and amount 'BALANCE' to check your balance 'HI' to speak to a real person
For security, please text from the mobile number linked to your Snap account and have your 10-digit reference number (ending in UK) ready.