We know that sometimes you might need to withdraw your application. Here's a look at some of the different scenarios you might encounter when it comes to withdrawing your loan:
When can you have your loan withdrawn?
- You can withdraw your loan application any time before you sign the final loan agreement. There is absolutely no penalty for withdrawing.
- If your loan agreement has been signed by both us and you, you'll have two weeks to withdraw from the agreement. If you'd like to withdraw, you can write to us at firstname.lastname@example.org.
Deadline for withdrawing your loan with Prodigy Finance
- If you do not withdraw from the agreement within two weeks of signing, we'll send your funds to your school. Once that's happened, the agreement is official. You won't be able to withdraw at this point.
Remember, you can settle your loan at any time by paying the full amount of the loan plus any interest that has accrued.