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What if I miss an instalment?

What happens if I miss a fundlater payment or instalment?

Tom Wilson avatar
Written by Tom Wilson
Updated over a year ago

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It's important to always communicate with us if you cannot meet an instalment.

If you don't make one of your monthly payments of $325, we will send an email reminder on the 1st, 5th, and 9th days following the missed payment.

If the payment has not been received 10 days after your monthly payment due date, InvestSMART will sell all securities within your portfolio.

You will receive back the portfolio value minus the outstanding instalments.

If, for whatever reason, you will not be able to pay your instalment on the payment date, please contact us as soon as possible.

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