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Are there any prepayment fees?

No! There are no prepayment fees. You can repay your outstanding balance, in part or completely, at any time and save on interest since you only owe such for the period you borrowed.

Please note that if you repay a loan within 30 days of the last withdrawal, you will be charged interest for the full 30 days. Repayments will be used to cover the earliest loan withdrawals and to pay off interest before the principal.

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