Can I pay off my loan early?

Common questions about education loans

Ana Wedlock avatar
Written by Ana Wedlock
Updated over a week ago

Yes. If you have the chance to pay back your remaining balance before the end of your loan term, doing so will help you to save on interest payments and get out of debt sooner. Harmoney doesn’t charge early repayment fees.

New Zealand

Manual payments can be made into Harmoney's bank account via direct credit:

Loan Accepted Before 31st July 2021

Loan Accepted After 31st July 2021

Bank: ASB Bank

Account number: 12-3109-0056095-03

Reference: (your LAI number)

Bank: ASB Bank

Account number: 12-3109-0159350-03

Reference: (your LAI number)

Australia

Manual payments can be made into Harmoney's bank account via BPAY:

Loan Accepted Before 31st July 2021

Loan Accepted After 31st July 2021

Biller code: 112177

BPay reference: (your LAI number)

Biller code: 311423

BPay reference: (your LAI number)

Did this answer your question?