If you’re applying for a loan and your bank account shows a regular history of non-sufficient fund (NSF) charges, we may use that to determine whether or not to lend you money.

If you borrow money from Moves and there are non-sufficient funds in your account when we attempt to make an auto-withdrawal, we will absorb the fee charged by our bank, and your bank will also charge you a fee, which you have to pay yourself.

We’ll then follow up with an email to work something out with you to get your repayments back on track. On-time repayments enable you to build your financial reputation with Moves, which will have future financial products that a traditional bank might not be willing to offer you – so we encourage you to keep up with your payments to take advantage of that.