Skip to main content
All CollectionsFinancing
Updating repayment timeline for financed payments
Updating repayment timeline for financed payments
Becca Campbell avatar
Written by Becca Campbell
Updated over 2 months ago

If you had initially set a repayment date on a financed bill that was under the maximum available, you can further extend these already financed bills. You may only extend the financed bill up to the additional extension periods that are available for the bill. For example, let's say you have 120-day repayment terms within your Settle profile and you financed a bill for repayment 60 days later. You would only be able to modify the repayment period for an additional 60 days, since the cap is 120 days.

You can also only extend for additional repayment periods prior to the date Settle is scheduled to debit your account for repayment.

  1. Open Bills > Scheduled tab.

  2. Open the bill you wish to re-extend.

  3. Click View on payment details
    โ€‹

  4. The payment details window will display.

  5. Choose the new extension time window (of available options) from the drop-down with which you wish to update your bill. You'll see the schedule of extension fee charges listed with the initial fee(s) noted as paid. Review and select the Update button to proceed with changing extension terms.
    โ€‹

Looking to repay early? Click here to learn how.

Did this answer your question?