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How can I repay my credit line debt early?

This article describes a feature currently available only for the clients with the business activity registered in the Netherlands

Elena avatar
Written by Elena
Updated over 2 weeks ago

You can choose to repay your credit line early at any time, providing greater flexibility and control over your finances.

Please note: we do not offer partial repayment as of now; only full early repayment is possible.

Full early repayment means fully repaying your current outstanding debt before the scheduled repayment dates.

Making an early repayment does not close your credit line. After repayment, your credit line remains active, allowing you to access funds again whenever you need.

Steps to make a full early repayment:

1. Access your Credit Line dashboard by clicking on the credit line widget.

2. Find the button with 3 dots, and choose “Early repayment”.

3. Choose the Source of funds (this question is determined by compliance reasons) and click “Repay early”.

4. Confirm the action by entering code sent to Finom app or by SMS.

5. After full repayment, you will notice that your credit line limit is fully restored.

You can make additional withdrawals from your available credit line limit after the repayment.

If you have further questions or need any help, please feel free to reach out to our Customer Care team from in-app chat or by email at [email protected].

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