If funds are not available at the time the automatic payment is due, you will be sent an email. If you still have not paid within 24 hours you will be charged a £6 late payment fee by Laybuy. If you do not make this payment within the next 7 days you will be charged another late of £6. We’ll do this up to a maximum limit of £24 each time you buy something with Laybuy. We will also report missed payments to the credit reference agencies which may have an impact on your ability to obtain credit from other lenders. Also, we will not allow you to make any further purchases using Laybuy until you have paid us the amounts you have missed. Please see Laybuy Terms of Use here.