Tag Archives: appealing

Personal Loan Early Repayment Charges: What You Need to Know Paying off a personal loan ahead of schedule can be an appealing option for borrowers looking to reduce debt and save on interest

August 16, 2025

However, many lenders impose early repayment charges (ERCs)—fees that can offset some of the potential benefits. Understanding these charges is crucial before making extra payments or settling your loan early. What Are Early Repayment Charges? Early repayment charges are fees

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