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What to Do if Your Account Is Suspended for Overdue Payments

Updated over a month ago

If your Cloudfloat account has been suspended because of unpaid instalments or overdue balances, it’s important to take action as soon as possible to prevent further escalation.

When overdue payments remain unresolved, your account may be referred to an external third-party collections agency. Before this occurs, our Operations Team is available to work with you directly to help settle the outstanding amount and restore your account.

Why Your Account Was Suspended

Your account enters a suspended state when:

  • You have missed one or more scheduled repayments.

  • You currently hold an outstanding debt with Cloudfloat.

  • As a result, your ability to submit new payment requests is temporarily disabled until the debt is cleared.

This suspension is designed to protect your business’s financial position and ensure responsible use of the platform.

Act Quickly to Avoid Third-Party Collections

Cloudfloat aims to resolve overdue balances directly with customers whenever possible.
However, if debts remain unpaid, your account may be escalated to an external collections agency.
Once that happens:

  • Additional fees and recovery charges may apply.

  • Formal collection processes may begin.

  • It becomes more difficult to negotiate flexible repayment options.

The fastest and most cost-effective way to resolve this is to work directly with our Operations Team before escalation occurs.

How Our Team Can Help You

If your account is suspended, we encourage you to get in touch immediately. Here’s what to do:

1. Contact Our Operations Team

Email: [email protected]
Include the following in your message so we can locate your account quickly:

  • Your full name

  • Business name

  • Email address registered to your Cloudfloat account

2. Discuss Repayment Options

Our specialists will:

  • Review your account and outstanding balance

  • Provide clear repayment pathways tailored to your circumstances

  • Outline a step-by-step settlement plan, including timelines and next actions

3. Follow the Agreed Repayment Plan

To prevent further escalation:

  • Make repayments on the agreed schedule

  • Communicate promptly if circumstances change

  • Work with our team to stay on track until the balance is cleared

Why Immediate Action Matters

Taking prompt steps helps you:

  • Avoid external collections and extra fees

  • Protect your business’s financial standing, credit profile, and trust score

  • Restore your Cloudfloat account access so you can continue using our services smoothly

📩 Need urgent help? Email [email protected] today, our team is here to help you settle your balance and avoid escalation.

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