All FAQs > Can I repay my loan early?

Yes, you can pay your Bamboo loan off at any time during the loan term. There are no early repayment charges for doing so.
At Bamboo we are flexible and we want to be judged by you as fair, transparent and simple. We know that an early repayment fee can add a considerable cost to your loan so we won’t penalise you for repaying your Bamboo loan before the end of its term.
Don’t forget, when comparing personal loans, check out whether they charge early repayment fees as you might want to repay your loan early if you find yourself with some unexpected funds for example.
Early repayment charges are usually equivalent to one or two months' interest, which the customer must pay if they want to pay off their loan before the end of the agreed loan term.