Can I make extra repayments towards my loan?

Updated a month ago

Yes. If you want to pay more towards your loan, you can, at any time. And without fees.

The easiest way to pay more is by using the Zopa app. Click your loan card, then ‘Make an extra payment’ and follow the steps. We’ll take the money through your usual Direct Debit.

You can also call 020 3770 5960 and pay using our 24/7 automated payment line.

Things to keep in mind

  • Paying more will reduce your loan size, the amount of interest you pay and the cost of your monthly repayments.
  • Your loan term will stay the same.
  • You’ll need to pay at least £10.
  • If one of your regular repayments is going through, you’ll need to wait a few days until that’s cleared before making an extra repayment.

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