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FAQ: Bills & Payments

- What are repayments?

A repayment is a type of bill used repay money to a friend, or receive from them, in order to pay off previous debts. Previous debts are generally caused by other bills such as joint bills or loans. For example, you might partially repay a friend £50 of the overall amount that you owe them, or ask a friend to repay you some of the money they owe you if you are a bit short.

Like other types of bill, repayments are the request to repay money, and individual payments can then be made against them to complete the process.