hummpro makes it easy to manage repayments without getting caught out by interest. Here’s how it works.
When it comes to accessing finance through hummpro, the concept is simple. Everything you buy within a given month goes into a single monthly bucket, which you don’t have to repay for at least 30 days. If you time your purchases to occur at the start of the month, you could get up to 60 days to repay interest-free.
When the balance is due, you have a few options: pay it and move on. Hit pause and pay a fee of 3.5% of your balance to get another 30 days to make the repayment, or switch to a plan and repay over six, nine, or 12 equal monthly instalments plus a monthly fee of 1.5% of your starting balance.
You can easily keep track of your repayments in the app and switch to a different repayment method if you find yourself unexpectedly short on cash. Find out more about the nuts and bolts of how hummpro works in this video.