Is there a prepayment penalty?

Best Egg does not impose a prepayment penalty on its personal loans. This means that borrowers can pay off their loans early without incurring additional fees or charges. Many individuals appreciate this feature as it provides them with the flexibility to save on interest payments over the life of the loan if they choose to pay it off ahead of schedule. Borrowers should always review the loan agreement and terms to understand all aspects of their specific loan, including payment options and any potential fees. For the most accurate and detailed information, it may be helpful to refer to the official Best Egg website or documentation related to loan agreements.