UK Loans
Loan Guide
  Loan Types
  Loan Providers
  Loans Calculator
  Loan Glossary
Loan Directory
  Directory Home
Get Interactive!
  Submit A Review
  Ask a Question
  Answer a Question!
  Join Our Forum

Loan Glossary

Q. What is a Early Repayment Penalty?


A Early Repayment Penalty is a fee equivalent to one or two months interest that lenders charge if you pay off your loan before the end of the term.

[Back to UK loan Glossary]


Contact | About | Links