This article provides an overview of how Brolly utilizes PayTo for secure repayments, the repayment timeline, and the implications of missing the 30-day repayment cycle.

Brolly loans operate on a 30-day cycle. It is essential to manually repay your loan on or before the 30th day to maintain eligibility for future borrowing.

You can initiate repayment at any time during your 30-day cycle by tapping the “Refill” button in your wallet. This action allows you to:

• Pay off your loan

• Extend your cycle with a new loan (if eligible)

Upon tapping “Refill,” Brolly will initiate a PayTo agreement. This agreement authorizes us to collect the repayment directly from your linked bank account. You will need to approve this transaction in your banking app; some banks may prompt you, while others may pre-authorize the payment.

On Day 25 of your loan cycle, we will send you a reminder to choose between:

• Repaying your loan

• Extending your cycle (by obtaining a new loan from a different lender, if eligible)

If no action is taken, your wallet will be frozen on Day 30.

A frozen wallet indicates that you cannot borrow again until the outstanding loan is paid off. Once the loan is cleared, you will regain access to borrowing.

• Repayments are not automatic; you have the flexibility to choose when to repay or extend.

• PayTo agreements are only established when you initiate a refill.

• You maintain control over your repayment and wallet status.

• PayTo is secure, visible in your banking app, and easy to manage.

Need assistance with completing your repayment or setting up PayTo? Tap the chat bubble anytime for support.