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  1. Prodigy Finance
  2. Paying back your loan
  3. Understanding the payment process
  4. How much should I pay?

How much should I pay?

  • How do I settle my loan?
  • How do you calculate interest?
  • Can I pay more than my monthly instalment?
  • Will my loan be settled if I pay the outstanding balance?
  • Can I pay custom amounts to my individual loans?
  • Can I have my payment allocated to interest only?
  • What happens if I can’t pay my loan?
  • What is forbearance?
  • Will Prodigy Finance freeze interest on my loan?
  • What is arbitration and how does it work?
  • What will Prodigy Finance report to the credit agencies?
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