Harmoney loans can be canceled within a “cooling-off period” of 7 days of the loan starting if you change your mind. You must notify us that you want to cancel and pay back your borrowed amount in full within 7 days of the loan being initiated. We’ll refund your establishment fee if you’re still in the cooling-off period.

If you’re not in the cooling-off period, but your plans change and you no longer need a study expenses loan, you will have to pay back your remaining balance (including any interest owing at that time) to close your loan account.