According to Xicai.com's inquiry, 360 IOUs can be repaid in advance. Specifically:

The IOUs of 1 and 360 can be paid off in advance, but it is usually not supported to repay the current period in advance. Prepayment is at the initial stage of the new function, and the system is randomly open, so most users only support paying off 360 IOUs in advance.

2. In installment repayment (i.e. equal interest) mode, prepayment of the current period is not supported, and the system will automatically deduct money after the repayment date. In case of prepayment, the maximum daily interest shall not exceed 0. 1%/ day.

3. In the cash-on-loan mode, you can repay the loan in advance at any time, and the interest is charged on a daily basis, and it is only calculated to the repayment date, and there is no penalty for prepayment.

4. If the system randomly opens the function of repaying the current period in advance to some users, the daily interest will be calculated at the daily interest rate of 0.0657% when repaying the current period in advance, and the maximum interest repayment fee will not exceed the current period. 360 IOU is an unsecured pure online consumer credit platform launched by Qifu Technology (formerly 360 Mathematics Department). Based on 360 big data, the overall evaluation of customer credit, on this basis, provide instant cash loans.