No, we won't default or make any comments on your credit file.
Once your account is placed under hardship you won't be able to continue to make purchases. This is for your own financial security, preventing your account from falling further into hardship.
If after four months of hardship you find that your situation hasn’t changed or hasn’t improved to a point where you’re able to continue repayments, your account will be reassessed, and we’ll be happy to discuss additional options.
Yes, reduction of repayments is one available option to assist during financial hardship.