Can I repay my loan early?

Yes, if you would like to repay all or even just some of your payday or instalment loan at any time before your agreed repayment date, you can do so by logging in to your account online. Once logged in, click on View Currently Outstanding Loan and click Repay Now. You will be able to see your total current balance and to choose and confirm the exact amount that you would like to repay before making your repayment.

Our automated attempts to collect your agreed loan repayments are based on the most up to date payment information on your account, so we will not collect the same payment again if you have already made the repayment yourself online.

There are no fees or charges for repaying your short term loan early or for making a partial repayment towards your outstanding balance. In fact, if you settle your loan early in full, you may even be eligible for a reduction on the amount of interest that you agreed to pay when you took out your loan. This would depend on any payments that you have made so far and your remaining loan term. We will deduct any rebate that you are entitled to from the amount that you agreed to pay in accordance with the provisions of the Consumer Credit (Early Settlement) Regulations 2004. You will be able to see full information on your repayments by logging into your account online.

Please make sure that your debit card details are correct and up to date prior to making your early repayment, and please ensure that there are sufficient funds in your account to avoid your repayment attempt being rejected by your bank. You will be able to see the last 4 digits of the card that is registered to your account when you log in. If you need to add a new debit card, you will be able to do so by clicking 'Use New Debit Card'.

By following the 'Repay Now' link in your online account, you have the option to make your early repayment either from your debit card or by bank transfer via your online banking. Alternatively, you can take a note of our bank account details and the transfer reference for your specific loan and use these to make a bank transfer payment directly from your bank, such as from your own mobile banking app.


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