As of December 2022 CPAY Foundation LTD has decided to extend the repayment term as per CPAY Terms & Conditions for an additional five years (under paragraph 3.8 of the T&C).
CPAY Foundation LTD will continue to pay monthly referral payments (as calculated under paragraphs 3.10 and 3.11 of the T&C) at least until 1 January 2028 or, if this happens sooner, until the Total Principal Loan Amount is paid in full (under paragraph 3.9 of the T&C).
Please note that the extension notice (under paragraph 3.8 of the T&C) is considered to be served to all tokenholders at the moment of publication of this information at https://cpayfoundation.com/ website on 21 December 2022.