Unlike other loan providers, at Zopa early repayment fees simply do not exist. You can repay early, or in lump sums, at no extra cost. Because Zopa calculate the interest on your loan on a daily basis, this means you can reduce the total amount you would repay.
However, you cannot settle or make an extra payment towards your loan whilst your monthly payment is in processing.
Zopa Limited is incorporated in England & Wales (registration number 05197592), with its registered office at 1st Floor, Cottons Centre, Tooley Street, London, SE1 2QG. Zopa Limited is authorised and regulated by the Financial Conduct Authority, and entered on the Financial Services Register under firm registration number 563134.