Yes, you can repay your loan in full at any time by logging into youronline account.
You can find the type of loan you have by logging into your Online Account. This will tell you whether your loan is a pre calculated interest loan or a daily interest loan.
If you have a Daily Interest Loan:
If you pay off your loan early in full, we will charge interest from your last repayment date to the settlement date, which we assume to be 28 days after you request your settlement figure as permitted under The Consumer Credit (Early Settlement) Regulations 2004.
If you have a Pre-Calculated Interest Loan:
If you pay off your loan early in full, The Consumer Credit (Early Settlement) Regulations 2004allows lenders to include additional interest in early repayment quotes.
For loans taken out for a period of one year or less this will equate to 28 days interest.
For loans taken out for a period of more than one year this will equate to 58 days interest.
If the remaining term of your existing loan is less than 58 days (or 28 days) you will only pay interest on the remaining number of days to close the loan early.