HOW TO PAY. 3.1 One of the documents you sign and give to us before we will lend to you is a direct debit authority. By giving us a direct debit authority, you authorise us to debit amounts you owe us in connection with this loan agreement directly from a bank account you have with a financial institution. You must not cancel any direct debit authority you give us or close the bank account referred to in any direct debit authority unless you first give us another direct debit authority acceptable to us You must also ensure there is enough money in the bank account to meet each direct debit. 3.2 It is, however, your obligation to make all payments to us on time. If a direct debit fails or is reversed for any reason then you must pay us by direct credit to the bank account we tell you to pay (and you must also give us another direct debit authority acceptable to us if we reasonably request). 3.3 A payment is not made until it has been received by us and credited to your account. It is important that you quote your loan agreement number when making the deposit. 3.4 Except to the extent required by law, each payment to us in connection with this loan agreement must be made in full: (a) free of any restriction or condition; and (b) free and clear of and without any deduction or withholding for or on account of tax or on any other account, whether by way of set-off, counterclaim or otherwise.
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