Simplify your debts with a debt consolidation loan

If you pay your loan back early, you’ll have to pay an Early Repayment Fee. This fee depends on how long you borrowed money for - and is on top of the loan amount you still owe and any interest you still owe. 

Did you borrow money for more than a year?

If you borrowed for more than a year, the fee is 58 days’ interest on the amount you pay back early. The good news is that if you have fewer than 58 days left, we base it on the number of days left on your loan. So, if you have 13 days left, you'll pay 13 days' interest on the amount you pay back early.

Did you borrow money for one year?

If you borrowed for a year, the fee is 28 days' interest on the amount you pay back early. The good news is that if you have fewer than 28 days left, we base it on the number of days left on your loan. So, if you have 13 days left, you'll pay 13 days' interest on the amount you pay back early. 

This fee is on top of the loan amount you still owe and any interest you still owe.

How to pay off your loan early

It’s quick and easy to see what you owe, make payments and overpay with our app. And that’s just for starters.

Just so you know… to get our app, you need to be age 11 or over, have a UK mobile number (or international mobile number in some countries) and use a compatible iOS or Android device.

Want to borrow money? A good credit score could help. See what your score is in our app and get tips to improve it.

Just so you know… The credit score is from TransUnion. To see it in the app, you’ll need to opt in there and be an 18+ customer, with a UK address. To get our app, you must be age 11 or over, have a UK mobile number (or international mobile number in some countries) and use a compatible iOS and Android device.

Check your credit score in our app, free

Get back on track - Get free debt advice and more.

To help you decide, read our borrowing guide.