Yes! ✔️
For more information about making payments, please visit How do I make a payment? (Provides instruction for full payoff)
If you pay off the balance in full early, any future interest that would have been due for the remaining months of the loan is avoided. This can be viewed by comparing the payoff balance versus the unpaid amount in your borrower portal.
Are there penalties for early repayment?
There are no penalties or fees for early repayment. I
All loans offer 0% interest for the first 30 days!
If you pay off your loan within the first 30 days, no additional fees or charges will be added to your loan.