Zilch will report missed payments to the credit reference agency Equifax and this can damage your credit score, which can have consequences for borrowing from other lenders, so it’s vital that you keep on top of your payments.
If you fail to clear your balance when it’s due, contact the Zilch support team. If you fail to clear your balance from this point onwards, you may end up being ineligible to use Zilch at all. The service will always send you emails to remind you of any overdue amounts.