How do repayments work on the new humm product?

With humm, repayments are spread over fortnightly or monthly repayments for up to 120 months, depending on the merchant partner’s available terms.

When you apply, you nominate a funding source for repayments which can be a bank account or debit card.

Once nominated, repayments are deducted automatically from the account when they are due.

The humm app shows a schedule of repayments so you can keep track.