Understanding the payment process
Payments don't start until 6 months after classes end if you study full-time, so you can focus on getting your degree and landing that dream job
Search
-
What is a loan modification?
A loan modification is a longer-term forbearance option. It is a change to your loan repayment terms to make your pay... -
What happens if my course gets extended?
We know that some course dates may get extended and as a result, you may be finishing your studies later than origina... -
Credit Reporting for customers residing in the US
Your credit score is based on your credit history, including the number of accounts you have, their status, and your ... -
When Is My Payment Due and How Long Does It Take?
Your monthly instalment is due from your first repayment date on the 28th of each month ("monthly payment due date") ... -
How do I settle my loan?
You’re welcome to settle off your Prodigy Finance loan earlier than expected, and you won't be charged any penalties ... -
Can I get a tax certificate?
As a UK-registered lender serving a global customer base, we’re unable to provide country-specific tax certificates.U... -
Understanding the Repayment Process
Repaying your loan can feel like a big step. This guide explains how repayments work with Prodigy Finance, including ... -
Can I pay more than my monthly instalment?
Yes. You’re welcome to pay more than your required monthly instalment at any time, and there are no penalties for doi... -
Can I pay custom amounts to my individual loans?
Absolutely, you can do that! If you're looking to make a payment and want to allocate a specific portion of the funds... -
Can I have my payment allocated to interest only?
The short answer is unfortunately not. Any payments we receive from you follow a specific payment flow that moves tow... -
What happens if I can’t pay my loan?
What if I can’t pay this month? What happens if I continue to miss payments on my loan? What happens if my loan goes... -
What is forbearance?
Forbearance is a helpful short-term relief option for customers facing temporary financial difficulties and unable to... -
What is arbitration and how does it work?
Arbitration is an alternative form of dispute resolution used in lieu of court litigation to settle legal disputes be... -
What will Prodigy Finance report to the credit agencies?
When you apply for a loan, requesting an updated credit report is part of the process, and this will appear as a 'foo... -
Understanding IBANS and Swift Codes
What is an IBAN?IBANs can be used for worldwide payments but are most commonly used in Europe.All cross-border euro p...