Why does Premium Credit charge for not signing the credit agreement or late payments?
Landlord
A £10 fee is applied by Premium Credit if they do not receive your signed credit agreement by the date stated on your welcome letters and emails (typically a 28 day period from receipt of the agreement). Please refer to these in order to verify your deadline. The £10 fee is a reflection of Premium Credit's costs in reminding you to return the credit agreement.
Premium Credit also charge a £20 fee for any late payment.
You can set up an online account with Premium Credit which not only allows you to complete your credit agreement online, but also to review and update your details.