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What happens if a borrower wants to repay a loan early?
What happens if a borrower wants to repay a loan early?
Zoe Disco avatar
Written by Zoe Disco
Updated over 10 months ago

If a borrower chooses to repay the loan early, easyMoney will return your investment with any outstanding interest owed to you.

Once the loan is repaid we will automatically reinvest the proceeds into one or more new loans as they become available so you can benefit from interest on your interest. 

You can change your auto-reinvest settings any time by signing in to your account and going to My Account > Manage Income

Good to know

With easyMoney, you have the option to request to withdraw your funds at any time and we will send your money as soon as your loan parts are sold. 

This usually happens in one to three business days, although this depends entirely on market conditions as you will be replaced by other investors.

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