Is there an early repayment fee if I refinance my auto?
scheduleUpdated 28 days ago
When you refinance, your existing lender may charge an early repayment fee for settling your current loan early. This is usually included in the settlement figure they give you.
If that happens, your new Zopa loan can cover this cost as part of the amount you borrow, so you don’t have to pay it separately.
Zopa also has an early repayment fee if you choose to pay off your new loan early. Learn more about how Zopa early repayment fees work.
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