Can I make an early repayment? If I make an early repayment, will I pay less?
Early repayments are accepted and you can apply for a new loan immediately after your previous loan is paid off.
However, please note that early repayment does not imply that the terms of your loan obligation will change. Your repayment terms are fixed at the point of loan application and the total amount to be paid is not changed by an early repayment.
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Can I make an early repayment? If I make an early repayment, will I pay less?
Can I make an early repayment? If I make an early repayment, will I pay less? Early repayments are accepted and you can apply for a new loan immediately after your previous loan is paid off. However, an early repayment will not impact the term of ...
How do I make a loan repayment?
We have made repaying your loan at Carbon as easy as possible. On your due date, your payment will conveniently be deducted from your Carbon Account or the account linked to the debit/ATM card provided during your loan application. To make a payment: ...
Why would I pay my loans on time?
A default in your loan repayment reduces your credit score with us and other lenders which will affect your chances of getting another loan from us and other lenders. Also, you would have a negative credit report. Other reasons why you should pay ...
Do you give loans?
Yes, we offer instant loans to help solve urgent problems, cater to substantial expenses, and grow families and businesses. To be able to access a loan, you need to be on KYC level 2. Follow the instructions below to submit an application: Once ...
What happens if I can’t make a payment on my due date?
We understand that financial circumstances can change suddenly, however, it is important to note that we do not reschedule repayment dates and you should only take a Carbon loan if you are reasonably certain you have the means to repay within the ...