Can I make an early repayment? If I make an early repayment, will I pay less?

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• 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 ...

• 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: ...

• How do i make a repayment?

  Once your carbon account is funded, launch your app, select "loans", then click ‘make a repayment’. Select your carbon account as the means of repayment and your account is immediately updated, once payment is successful.

• Why am I required to set up my debit card for repayment?

  By default, your Carbon account will be debited on your due date. However, in a situation where your account is not funded, an attempt to debit your bank account is made. That is why you are required to set up your debit card before the loan will be ...

• 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 ...