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What happens if a borrower wants to repay a loan early?

Zoe Disco avatar
Written by Zoe Disco
Updated over 2 weeks ago

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

If you have your settings so that Capital repayments auto re-invest, we will automatically reinvest the proceeds into one or more new loans as they become available.

If you have your settings so that Capital repayments go to your available balance, you will need to decide what to do with the repayment. You can either re-invest the money, by clicking invest, making sure that the available balance button is ticked, you need to then enter the amount and click invest now.

If you would like to withdraw the money, you can click withdraw and set up the withdrawal to your bank account.

Please Note the minimum investment amount is £25.

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