Can I pay off my loan early?
Jessica Carvajal-Montoya avatar
Written by Jessica Carvajal-Montoya
Updated over a week ago

Absolutely! We understand that everyone's financial journey is unique, and we're delighted to offer you the flexibility to settle your loan ahead of schedule at no additional cost. Whether you choose to pay off the entire loan early or make a partial payment before the due date, rest assured that the overall cost of your loan will remain the same.

It's important to note that if you opt for a partial early repayment, your daily repayment rate will stay unchanged, steadily contributing towards the full repayment of your loan.

While early repayment comes with its perks, please keep in mind that after successfully clearing your loan, there might be a brief one to two-day waiting period before you can apply for another loan. This short pause is part of our thorough assessment process to ensure you get the best possible loan terms for your business.

If you have any more questions or concerns about early loan repayment or any other aspect of our services, feel free to get in touch. We're here to provide clarity, support, and ensure your experience with us is not only fulfilling but also hassle-free. Your satisfaction is our priority, and we're committed to assisting you every step of the way.

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