You can always make a partial or full early repayment toward your loan(s). And there are no extra fees for early repayments.
To make a partial early repayment, follow these steps:
- Log in to your Bondora account, scroll to the "Loans" section, and click "Repay early".
- Answer a few quick questions and click "Continue".
- Enter the amount in the block next to the loan you want to repay early.
- Ensure the correct amount is available on your Bondora account.
- Click on "Show the new schedule" to see your rescheduled loan and click "Sign" to continue.
- Sign with the 5-digit PIN code sent to your registered phone number
- Success! You've completed your partial early repayment.
Please keep in mind that partial early repayment of the loan does not exempt you from following the monthly payment schedule. When you repay the loan partially or early, you are paying off the principal and interest only. However, you are still required to make the monthly payments which will be automatically deducted from your Bondora account on the scheduled payment dates.
Remember: If your phone number has changed, please update it on your Bondora account to continue the repayment.