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Payment protect FAQ
How Payment Protect works
Is the cost of Payment Protect refunded to me, if I don't make a repayment waiver during the course of my loan?
Is the cost of Payment Protect refunded to me, if I don't make a repayment waiver during the course of my loan?
Monisha Begum avatar
Written by Monisha Begum
Updated over a week ago

If your loan goes the full term and you do not use your Payment Protect service we do not refund the payment protect fee.

The Payment Protect fee is paid upfront and in full for the full term of your loan. Should you repay your loan early, you will be rebated a proportion of the Payment Protect fee for the remainder of the Loan term.

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