Skip to main content

Can I pay my Pay Later loan off in advance?

Updated over 2 months ago


Absolutely! You can pay off your loan early through the KOHO app

:+1:


Please keep in mind that we currently only support full payment of the remaining balance on your plan, so partial payments aren’t available.Before you can make an advance payment, make sure:

  • You have the full remaining loan balance available in your Spendable.

  • You don’t owe KOHO any other amounts, like an unpaid Cover balance or funds you’ve moved from your Credit Building loan into your Spendable.

To make an advance payment, open your active Pay Later plan, tap the three dots in the top right corner, and select Make advance payment.


Did this answer your question?