Not supporting inter-period repayment means not being able to repay in advance. Loans can be repaid in advance, but there are requirements for the number of installments in advance. For example, many small loan companies will require users to pay at least three installments before they can apply for prepayment, while prepayment such as mortgage will take one year or more before they can apply.

Consequences of loan prepayment

Loan prepayment requires a large penalty, or it may directly require the remaining interest to be returned together. After all, there are costs in the use of platform funds. For example, some platforms do not have their own funds, but they are also borrowed from the funders. Users repay in advance, and the resulting cost loss is naturally to be borne. It will also reduce the impression of users on the platform. For example, if Huayuan repays in advance, and the platform cannot earn the expected profit from users, then the follow-up will definitely be willing to give the quota to other users in need.