How to Pay Off Your Revolut Loan Early: Step-by-Step Guide

Discover how to make early repayments on your Revolut loan and save on interest. Watch our step-by-step guide now!

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Yes, you can pay a Revolut loan early. Simply navigate to the loan section in your Revolut app, select the loan in question, and choose the option to make an early repayment. This feature allows you to save on the overall interest, providing a more cost-effective solution to managing your finances. For detailed steps, consult Revolut's in-app help or their support team.

FAQs & Answers

  1. What are the benefits of paying off a loan early? Paying off a loan early can save you on interest costs and improve your credit score more quickly.
  2. Can I make partial payments on my Revolut loan? Yes, Revolut allows for partial payments, but check the loan terms in your app for specifics.
  3. How do I access my loan information in the Revolut app? Navigate to the loan section in your Revolut app to view your loan details and repayment options.
  4. Is there a fee for early repayment of a Revolut loan? Revolut does not charge a fee for early repayments, allowing you to save on interest.

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