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What if I want to pay my loan back much earlier?

You can pay back your loan in full at any time by providing us with notice, but if you plan to pay back your loan very early into your loan agreement, a Post Office loan - powered by Lendable probably isn’t for you. The fee that is included in your loan amount will not be rebated. To provide notice, please log in to your account here and click 'Request a settlement quote'. Once we receive your notice that you wish to repay your loan in full, we will then provide you with a settlement figure.

You can also choose to repay your loan in part at any time. Please note that if you choose to settle the loan early in full, or in part then we may reduce any rebate to which you are entitled by 28 days interest, (or 58 days interest where your loan term is longer than 12 months). We are entitled to this interest under the Consumer Credit (Early Settlement) Regulations 2004.

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