At any point during your repayment plan, you can schedule an early repayment from within your dashboard. If you choose to repay early, the remaining draw amount and one weekly fee will be scheduled to debit from your account on the upcoming Wednesday. We’ll waive all future fees for the remaining period, so you only ever pay fees for the time you’re using the funds.
Note: If you'd like to pay early for the week, you must select "Repay Early" no later than 12pm EST on Wednesday, otherwise the early repayment will not take affect until the following week.
Note: If you are on a custom repayment plan, you'll have to contact Support to set up an early repayment.
How to schedule an early repayment?
- Login to your Fundbox dashboard and go to the "In Repayments" tab.
- Find the specific advance that you'd like to repay early. Now click on the green "Repay Early" button.
- A sidebar will show you the transaction details and how much you will save in fees. To confirm, click Repay Early and the remainder of the advance will be repaid with next Wednesday's debit.