What will happen if I don't pay Shopee Pay later?

Consequences of Non-Payment of Shopee Pay Later

Shopee Pay Later is a convenient and flexible payment option offered by Shopee. However, it is imperative to meet payment obligations to avoid negative consequences. Failure to pay your Shopee Pay Later bill on time carries significant repercussions.

Suspension of Accounts

Ignoring due dates and defaulting on payments will result in the suspension of both your Shopee Pay Later and Shopee account. This means you will be unable to access or use Shopee’s services, including purchasing items, receiving cashback, and utilizing other features.

Late Payment Fees

In addition to account suspension, overdue payments incur late payment fees. These fees accrue daily, increasing the total amount owed. Persistent non-payment may lead to additional penalties or collection actions.

Impact on Credit Score

Shopee Pay Later balances and payment history are reported to credit bureaus. Late or missed payments can negatively impact your credit score, making it harder to qualify for loans or other forms of credit in the future.

Full Payment Required

It is crucial to remember that full payment is due upon each Shopee Pay Later transaction. Partial payments or extensions are not available. Failing to make the full payment by the designated due date will trigger the consequences outlined above.

Preventing Non-Payment

To avoid these negative consequences, it is essential to:

• Set up reminders for upcoming due dates.
• Pay your Shopee Pay Later bill on time through the available payment methods.
• Contact Shopee’s customer support if you encounter any payment difficulties.

Failure to address unpaid Shopee Pay Later bills responsibly can have serious repercussions for your financial well-being and access to online services. Therefore, it is imperative to prioritize payment obligations and manage your finances accordingly.