Why do I need a valid debit card to take out a line of credit?

We need this for a couple of reasons. It helps to prevent fraud and it also helps us check that your bank account is active. Also, if you choose to use automatic repayments (using something called continuous payment authority ), we'll set this up using your debit card. We recommend doing this, because it means you're less likely to miss a payment. If you want to cancel it at any point, you can do so by contacting us.

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