You can repay one or more of your loans early, without any extra fees. Since interest is calculated on a pro-rata basis, the earlier you repay, the less you pay.
Two early repayment options are available:
Bring forward the Direct Debit date
Make a manual bank transfer right away
☝️ If the original direct debit is in progress, it is too late to change the date. Our banking partner requires 2 working days for any updates.
Repay earlier or today
Option 1: Repay a single loan
Go to the Repayments > To repay section of your account
Locate the loan you want to repay
Click the "Pay early" button on the right-hand side of that row
Option 2: Repay multiple loans at once
Go to the Repayments > To repay tab
Tick the boxes next to each loan you want to repay
A floating bar will appear at the bottom of your screen with three actions:
Repay now (via bank transfer)
Anticipate (advance the direct debit)
Postpone
Next: Choose your repayment method
Advance the automatic direct debit
4. Click “Anticipate” in the floating bar (or "Pay now" on the loan row for single loan)
5. Choose your preferred collection date (default is 2 business days from now)
6. Confirm — your account will be debited automatically on the selected date
✅ No manual transfer is required — Defacto handles everything for you.
Repay immediately by bank transfer
4. Click “Pay now”
5. Copy Defacto’s bank account details
6. Make the transfer from your bank
7. Be sure to include the reference number provided, so we can match the payment to your account
🕒 The repayment date will be the date we receive the funds
✅ The originally scheduled direct debit will be cancelled
Good to Know
The maximum amount allowed for instant transfers varies by bank. It is usually around €100,000.
If the “Pay early” button is greyed out, the debit is already in progress — no changes can be made.
You can group multiple loans into a single repayment action — either by transfer or by scheduling a new collection date.