What happens when my account is sent to collections?

It is important to make your payments on time to continue benefiting from Tala's fast, low-interest loans. Missing loan payments may result in fees, lower loan limits, or the inability to get a subsequent loan from Tala.

You may be contacted by collections agents if you do not pay your loan on time. In the event of a long period of non-payment, you may be blacklisted from Tala and reported to the relevant credit reference bureaus.

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