What happens if I don’t pay Simpl bill? Well, this is a very crucial question that I’m going to cover in this article. If you are a user of Simpl Pay Later, then it is important for you to know what may happen if you don’t pay Simpl bill.
Because Simpl Pay Later is a credit service that provides a certain amount of loan as a credit limit, you can use this credit for various online transactions. And, you have to pay its bills within the next due date or can convert to EMIs.
But, in case, if you fail or forget to pay your Simpl app bill then you’ll have to pay some penalties for being late. And, if you are not paying your bills intentionally for a few months, then you can get a legal notice from Simpl.
So without further ado, let’s dive into this article and learn what may happen if we don’t pay our Simpl Pay Later bills.
What Happens If You Don’t Pay Simpl Bill?
If you don’t pay your Simpl app bills then you’ll have to pay late payment fees, your credit score may get affected, Simpl may block your account, or in some cases, you may also get a legal notice from Simpl.
However, it also depends on how long you have not been paying your Simpl Pay Later bill. Here I have explained the consequences that you will face if you don’t pay your Simpl bill.
01: You’ll Have to Pay Late Payment Fees
If you make late repayments, Simpl will charge you late payment fees. Charging late payment fees is the initial penalty that almost every BNPL apps impose on users who don’t pay the bills on time.
Simpl may charge up to ₹1200 of late payment fees from you. However, it depends on your outstanding amount.
If your bill amount is less than ₹500, then you’ll have to pay ₹25 late fees. And, If your outstanding amount is more than ₹7500, then you’ll be charged up to ₹1200 as late payment fees.
Look at the below chart to learn more about the Simpl Pay Later late payment charges.
| Outstanding Amount | Late Payment Fee |
| ₹0 to ₹500 | ₹25 |
| ₹501 to ₹1000 | ₹50 |
| ₹1001 to ₹2500 | ₹100 |
| ₹2501 to ₹7500 | ₹250 |
| Above ₹7501 | ₹600 |
02: Your Credit Score Will Go Down
Your credit score will be affected negatively if you don’t pay your Simpl Pay Later bills on time. Because Simpl is a BNPL (Buy Now Pay Later) service, and BNPLs are similar to credit cards.
Thus, if you don’t pay your dues on time, Simpl will report your credit history to the credit bureaus. As a result, the credit bureaus will impact your credit score.
If you ever have been late to pay your Simpl Pay Later bill, then I recommend you check your credit score. Because your credit score helps a lender determine how a reliable borrower you are.
03: Your Credit Limit Can Be On Hold
Due to the non-repayment of your Simpl Pay Later bills, you will not be able to use your credit limit. Simpl will put your credit limit on hold until you pay the entire outstanding amount.
If you are unable to use your Simpl Pay Later balance, then it could be one of the reasons. So don’t keep dues pending, always pay your bills on time which will also help you increase your credit limit.
04: Your Simpl Account May Get Blocked
Simpl can also block your account if you don’t make repayments timely. Although it will not block your account if you’ve been late once to pay your bill, but if you always pay the bills late then your Simpl account might get blocked.
However, you can unblock your Simpl Pay Later account. We have written a detailed article on it, so read how to unblock your Simpl Pay Later account.
05: Simpl Can Also Take a Legal Action
If you are not paying your Simpl bills intentionally for a few months then Simpl may also send you a legal notice. It can tie up with a collection agency to get you to pay the entire bill amount with all applicable interest and charges.
In the terms and conditions of Simpl, it is clearly written there what may happen if you don’t pay your Simpl Pay Later bills. So read the terms and conditions very carefully before creating your account.
I would suggest that if you can pay its bill then you should definitely use it, but if you are not able to pay its bill then close it after clearing all the pending dues.
I think you definitely got to know what happens if you don’t pay Simpl bill. So now let’s see how to pay the Simpl Pay Later bill.
How to Pay Simpl Pay Later Bill?
You know what happens if you don’t pay Simpl bill. The only way to get rid of its consequences is by paying the entire bill amount with applicable interest and charges.
Here are the steps to pay your Simpl Pay Later will within a few seconds.
Step 1: Open the Simpl app on your mobile. At the top of the homepage, you can see your bill amount.
Step 2: There you can also see a “Pay Now” button, so tap on it.
Step 3: After that, you will be asked to choose your payment method. You can pay via UPI and other payment options.
Step 4: Then pay the amount as you usually make payments with your preferred method.
Step 5: Once you complete the payment, your dues will be cleared. You will be able to use the credit limit again.
Bottom Line: What Happens If You Don’t Pay Simpl Bill?
In summary, you will face various consequences if you don’t pay your Simpl Pay Later bill. Late payment charges will have to be paid and apart from that, your Simpl account can also be suspended.
In this article, I have explained in detail what happens if you don’t pay Simpl bill. So if you have read this entire article, I think you have definitely got to know the consequences of not paying the Simpl Pay Later bill.
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