You can close your credit line at any time after repaying your outstanding debt.
💡 Important: If you choose to close your credit line within the first three months, you will still be charged the full limit fee for the entire three-month period. For example, closing your credit line after two months means you will be charged for the remaining third month.
After closing your credit line, you will not be able to apply for a new credit line for three months.
Below, you'll find detailed instructions based on your current debt situation:
Access your Credit Line dashboard from the main dashboard
Go to “Settings”. You will find the button “Close credit line”
If your outstanding debt is greater than €0:
Before closing your credit line, you must repay the full outstanding amount. You have two repayment options:
Continue regular repayments according to your existing schedule without closing the line immediately.
Make a full early repayment to settle the outstanding debt earlier than scheduled.
You can either do it from your Credit line page (check the instruction here), or during the closure of your credit line:
1. Click on “Repay early”
2. Choose the Source of funds (this question is determined by compliance reasons) and click “Repay & close”.
Once your balance is fully repaid, you can proceed to close your credit line.
If your outstanding debt is €0:
We will ask you to confirm if you are sure you want to close the credit line.
2. You will be presented with a short survey, where you will be asked to choose the reason for closing the credit line.
3. Confirm your action with the code sent in App or in SMS
After confirming your request, your credit line will be closed, and no further limit fee will be charged from the date of closure.
After the initial three-month period, no further limit fee applies once the credit line is closed.