early repayment definition

early repayment means the full or partial discharge of the consumer’s obligations under a credit agreement or crowdfunding credit services, before the date for the final payment agreed in the credit agreement;
early repayment means the full or partial discharge of the consumer’s obligations under a credit agreement or crowdfunding credit services;
early repayment has the meaning given to it in Section 2.03(b).

Examples of early repayment in a sentence

  • You may also have to pay our administrative costs relating to the Early Repayment.

  • If you pay the unpaid balance in full before the final payment is due (Early Repayment), you may be required to pay an amount to compensate us for any loss resulting from the Early Repayment.

  • If you pay the unpaid balance in full before the final payment is due or if the loan is repaid early due to the lender’s enforcement action taken after you default (prepayment), you will have to pay our Early Repayment Fee to compensate us for the administrative costs relating to the prepayment INTERNAL COMPLAINTS PROCEDURE Our complaints procedure may be initiated by telephone, email, via our website or in writing using the contact details specified above.

  • You can repay your mortgage early, at any time, but you may have to pay an Early Repayment Charge as described in clauses 7 and 8.

  • We may also charge administrative costs relating to the Early Repayment.


More Definitions of early repayment

early repayment means the full or partial discharge of the consumer’s obligations under a
early repayment means the full or partial discharge of the consumer’s obligations under a credit agreement or crowdfunding credit services in advance of the date agreed;
early repayment means any payment made by the Borrower in advance and in addition to the repayment set out in 8 of this Agreement, as part payment of the Loan Facility;
early repayment has the meaning provided in Section 3.04(a) (Payment of the IDB Loan upon Acceleration or Prepayment).
early repayment means the early repayment of the Deposit in accordance with Clause 11;
early repayment means the repayment by a consumer of the entire amount which s/he has borrowed from the creditor or any amount that is not less than the amount of an installment prior to its due date,
early repayment. You are entitled at any time, by giving written or oral notice to the Creditor and making payment to them by an agreed method to discharge your indebtedness under this Loan Agreement in full or in part. Ombudsman Scheme: You have the right to complain to the Financial Ombudsman Service.